Housing Market Buoyed By $300 BILLION In Government Aid: CBO

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Real Estate Agent with JustListedKnoxville.com / Signature Homes

A new report from the Congressional Budget Office attempts to put a number on the amount of money the government has poured into the housing market. Considering the complexities associated with the bailout of Fannie Mae and Freddie Mac, this actually isn't as easy as it sounds. But, the final -- and rather disturbing -- tally for 2009 is $300 billion.

Read more at: http://www.huffingtonpost.com/2009/11/04/housing-market-buoyed-by-_n_345613.html?igoogle=1&cp

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