San Diego Housing Market News and Analysis
Government Intervention in the Housing Market a Fact of Life
Submitted by Rich Toscano on October 4, 2009 - 9:32pm
For a long time I have been discussing, with various degrees of rantiness, government intervention in the housing market. When I first touched on the subject in early 2007, before any bailouts had begun, some of the potential interventions I envisioned seemed kind of far-fetched. By late 2007, as I noted in a Manimal-referencing followup, many of these same interventions were already underway.
And now? The lengths to which the government has gone to prop up the housing market have surpassed even my own cynical expectations. By a long shot.
~Financial Market Commentary~
*Investment advisory services and securities offered through Girard Securities, Inc., member SIPC/FINRA.
~Active forum topics~
~SD Home Price Snapshot~