nafta major challenge: NAFTA is really the big Culprit! - 10/24/08 01:48 AM
All the attention of real estate foreclosures is being pointed at the banks and Realtors and preditory lending. Frankly that is all BS....The real Culprit is NAFTA.  Why do I say that...it's simple to understand.
Prior to 9/11 starting at the end of 1999, the federal reserve raised interest rates to reduce inflation. The stock market crashed, real estate values started to drop rapidly. In 2000 we still had a Democratic President and we were being told, that we may or may not have a double recession.
Then when 9/11 hit, it took all the attention off of the real challenges. … (0 comments)

 

Randy Haney

Grand Blanc, MI

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American Associates, Inc. Realtors

Address: 2240 E. Hill Rd, Suite B, Grand Blanc, MI, 48439

Office Phone: (810) 733-3435

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