health: Turning Back Time Before the Real Estate Meltdown by Bob Boog
- 09/07/09 08:23 AM
What if I could turn back time and elect you as president of the United States. The date is now September 7, 2004, and you have been able to keep all your present day knowledge. Question: will you do something to stop the zero-down, no income verification real estate loans? Or will you just let things run their course? You know these loans are bad and you have the power to stop the practice of issuing them. Are you brave enough to use your power, knowing that by doing so, you will help avert the greatest fiscal crises in the history (0 comments)
health: The US Health Care System Bubble
- 08/29/09 11:30 AM
The US Health Care System Bubble by Bob Boog I'm a real estate broker, and for the last four or five years people used to ask me when I thought the real estate market bubble would pop. When the bubble did pop, most experts looked back and attributed the red-hot demand to baby-boomers, (people born from 1940 - 1965). The demand for homes by baby-boomers, they said, helped caused prices to rise out of control- until the bubble popped. Similarly, another bubble is in the making in the health care system. Back in 2006, it was estimated that there were 67 million "baby-boomers." It was estimated that for every day for (0 comments)