Real estate blog entries tagged with financial meltdown looms by Jesus (Jesse) Gonzalez, RDCPro (The Realty Association)

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Home : Blogs : Jesus (Jesse) Gonzalez, RDCPro : Jesus (Jesse)'s Blog : Tag "financial meltdown looms"

financial meltdown looms: Financial Meltdown Looms, Housing Will Suffer. - 01/31/10 11:40 AM

Regardless of your opinions on the necessity of the bank bailouts aka TARP, let us all agree they haven't worked. I am not sure any other industry knows this better than ours, the default industry because, we still see the direct effects of frozen credit markets, the shadow inventory and bank failures throughout this country.At the quarterly report of the Special Inspector General's office, Neil Barfosky warned our country in a report to Congress that TARP only made things worse because ultimately it never addressed the underlying problems that created the financial crisis from the start. Think of it like this, … (2 comments)

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Jesus (Jesse) Gonzalez, RDCPro

Hermitage, TN

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