Is the sub-prime mortgage crisis a way to make housing more affordable?
May 30th, 2009 | by admin |upsucker asked:
Apparently the liberals have figured out how the free market works. If you get banks to lend people money to buy houses they can’t afford, these houses get built, then after the foreclosures start, the market is flooded with empty houses. The law of supply and demand requires that they be sold at a lower price, which brings down the cost of housing for everyone.
Wagner Paint Sprayers
Apparently the liberals have figured out how the free market works. If you get banks to lend people money to buy houses they can’t afford, these houses get built, then after the foreclosures start, the market is flooded with empty houses. The law of supply and demand requires that they be sold at a lower price, which brings down the cost of housing for everyone.
Wagner Paint Sprayers
No Responses to “Is the sub-prime mortgage crisis a way to make housing more affordable?”
By Brian J on Jun 1, 2009 | Reply
Yes. You betcha.
By I'm surrounded by idiots on Jun 4, 2009 | Reply
My state new subdivisions are still being built at an average cost of 300000.
By flatfootfred on Jun 4, 2009 | Reply
The only ones that started this banks greenspan bernanke and host of others all have there hands in this.
By Greg on Jun 7, 2009 | Reply
The accounting fraud and inflating the usual bubblelogic reason to make quick buck most of missourikansas city and an authority on the housing bubble it is they mr black says who turned crisis into catastrophe httponlinewsjcomarticlesb122282690823092989html.
By FugQ2 on Jun 9, 2009 | Reply
The heros to millions living in their homes not paying mortgage god bless america.
By DrooBey on Jun 11, 2009 | Reply
Yes, but it also makes getting a loan to buy a house nearly impossible.
By Froggy on Jun 14, 2009 | Reply
I suppose, if you want to live in a damn CARDBOARD BOX!