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The Fed's bubble machine is killing off HARP.
1 posted on 11/22/2013 4:30:40 AM PST by whitedog57
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To: whitedog57
Here is a map

Where?

2 posted on 11/22/2013 4:33:28 AM PST by humblegunner
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To: whitedog57

3 posted on 11/22/2013 4:40:47 AM PST by frithguild (The warmth and goodness of Gaia is a nuclear reactor in the Earth's core that burns Thorium)
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To: whitedog57

Well, the prices at the 2009-2010 bottom when everybody was way underwater were much closer to fair market value. They’ve blown up the bubble again, at least part of the way, and no good will come of it.


5 posted on 11/22/2013 4:49:36 AM PST by Mr. Jeeves (CTRL-GALT-DELETE)
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To: whitedog57

Yes, they are pouring out money which actually is nothing more than ones and zeroes in a computer but when the price of housing returns to the old high and then slightly higher the media will trumpet that there has been a great recovery and housing is back in “positive territory”, completely ignoring that a fast food hamburger without fries will cost double the current hourly minimum wage. Inflation truly clouds the minds of men.


6 posted on 11/22/2013 4:50:55 AM PST by RipSawyer (The TREE currently falling on you actually IS worse than a Bush.)
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