Like many of my colleagues I have anxiously been following the unfolding of the current financial crisis over the past several weeks. Eagerly I read posts each day on how the government proposes to deal with the worstening crisis, hoping to hear a voice of wisdom that will instill a kernel of hope the this situation is fixable.
Today I read an article in Inman News: The $700 Billion Answer by Dick Lepre. According to Mr Lepre, one of the things bothering him about the bailout is the fact that everything that he has read talks about the $700 billion like it will be gone forever. His analysis details not only a scenario of the bailout, but also how it can be accomplished in such a way that takes place without cost to the taxpayer resulting in either a profit to the treasury or the treasury breaking even.
Click here to read the article.
If you have questions about the state of the Charlottesville real estate market or the surrounding Central Virginia area, give me a call and lets talk.
Pam Dent, e-PRO, SRES, NHD
Real Estate III
Charlottesville, Virginia
434 960-0161
Charlottesville Homes
Charlottesville Horse Farms
Licensed to sell real estate in Virginia
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