It didn't take a genious to see that the housing buble was going to collapse causing many homeowners to crack under the pressure of their unaffordable loans.
Both political parties in the US have come down on lenders and credit suppliers to be more responsible with lending out for home purchases. The number of foreclosures is going up and will probably get much worse. None of the home buyers who have gotten themselves in this situation could claim innocence.
On discussing government aid:
“I don’t see a way you could reasonably help the people you want to help,” said Dean Baker, co-director of the Center for Economic and Policy Research, “without also helping people you don’t want to help.”
For more information on this issue.
Inscription à :
Publier les commentaires (Atom)
Aucun commentaire:
Enregistrer un commentaire