You think you know why the housing crisis began? Well, you probably know some of the more publicized lowlights, but chances are you don’t know the whole sordid tale.
The link below has the WHOLE story.
It will take you to an episode of This American Life, a weekly radio show that sent two reporters out to follow the trail of why banks were handing out $500,000 loans to people who clearly had no business signing up for them. The show lasts about an hour and I guarantee you will be enlightened by what you hear.
The show is called The Giant Pool of Money. You can listen for free. Better yet, support public radio and download it for .99. It’s worth it!
WARNING: This program has been rated “non-partisan” and safe for listening. :)
Karl Lueders is a Realtor with the Kentwood Company at Cherry Creek. You can visit him at his Web site, Karl Sells Denver, or by calling him at 720-971-8267.
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