The housing bubble, in four chapters »
Posted By TechnologyExpert 5 months, 3 weeks ago in Business & FinanceHow homeowners, speculators and Wall Street rode a wave of easy money.
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I am Editor-in-Chief at Alice Hill's RealTechNews (http://www.realtechnews.com). I also have my own blog (Tech-Ex) at http://TechnologyExpert.Blogspot.com. Finally ...
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TechnologyExpert5 months, 3 weeks ago
"Seen in the best possible light, the housing bubble that began inflating in the mid-1990s was "a great national experiment," as one prominent economist put it -- a way to harness the inventiveness of the capitalist system to give low-income families, minorities and immigrants a chance to own their homes. But it also is a classic story of boom, excess and bust, of homeowners, speculators and Wall Street dealmakers happy to ride the wave of easy money even though many knew a crash was inevitable."
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Justice4All5 months, 2 weeks ago
What I want to know is when we will hit bottom. I don't want to buy a house now because it looks like it will lose value.
Realtors tell me this is the time to buy, but they always say that. They always say prices are starting to go up. But I don't see that happening.
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