Housing Bailout Bill - Detailed Analysis - No Help for SD or CA...

User Forum Topic
Submitted by Huckleberry on July 28, 2008 - 11:02am

Here is a link to an excellent/thorough/extensive analysis of the bailout bill.

http://www.doctorhousingbubble.com/crony...

Don't count on it helping many in the San Diego area, nor propping up prices...

‹ Broker talk about the new Housing bill Price check on 2227 Illion St. 92110? ›
If this analysis is
Submitted by peterb on July 28, 2008 - 11:33am.

If this analysis is accurate...he's right. It wont help anyone in CA, or at least very few. But the bail out to Fanny and Freddie is clearly there.
Standard politcal garbage. It shows they did something in a time of need and it accomplished a major bail out. What's more interesting is the graph he has of income disparity since WWII.