Obama Administration Touts Success in Housing Program!

Real Estate Agent with JustListedKnoxville.com / Signature Homes

Census Bureau Q4, 2009: 130.6 Million Housing Units in the US; 18.9 Million Now Vacant

The U.S. Census Bureau reported this week that 18.9 million out of the nations 130.6 million homes are now vacant.  The Obama Administration was quick to claim victory claiming that this new data represents clear proof that the president's plan to stabilize the U.S. housing market is working beyond anyone's expectations.

"At this rate, our banks will have successfully foreclosed on a full one third of all of the homes in the country by 2014.  We didn't think we could get this many people bankrupt and on the street during the president's first term," said Treasury Secretary Tim Geithner.  "With this kind of success under our belt, we may even try to kill a few million more jobs this calendar year, in stead of waiting until next year as we had originally planned."



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Frank Rubi
Frank Rubi Real Estate, LLC - Metairie, LA

Steve, they are missing the point. The country needs job creation.

Feb 03, 2010 10:10 PM #1
Steve Albin
JustListedKnoxville.com / Signature Homes - Knoxville, TN

Jobs, are number one, But we keep buying made in China JUNK, the congress has sent 37,000,000 job to china in the last 15 years. Stop buying the JUNK. Buy made in America. 

Feb 03, 2010 10:28 PM #2
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