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October 17, 2008 at 3:22 PM #14236October 17, 2008 at 5:08 PM #289051SD RealtorParticipant
Actually I never recall that the people in Washington said that the bailout was supposed to help housing at all.
The bailout was intended to keep the financial system from croaking and they were very very clear about that.
I never heard any different message.
October 17, 2008 at 5:08 PM #289359SD RealtorParticipantActually I never recall that the people in Washington said that the bailout was supposed to help housing at all.
The bailout was intended to keep the financial system from croaking and they were very very clear about that.
I never heard any different message.
October 17, 2008 at 5:08 PM #289367SD RealtorParticipantActually I never recall that the people in Washington said that the bailout was supposed to help housing at all.
The bailout was intended to keep the financial system from croaking and they were very very clear about that.
I never heard any different message.
October 17, 2008 at 5:08 PM #289397SD RealtorParticipantActually I never recall that the people in Washington said that the bailout was supposed to help housing at all.
The bailout was intended to keep the financial system from croaking and they were very very clear about that.
I never heard any different message.
October 17, 2008 at 5:08 PM #289400SD RealtorParticipantActually I never recall that the people in Washington said that the bailout was supposed to help housing at all.
The bailout was intended to keep the financial system from croaking and they were very very clear about that.
I never heard any different message.
October 18, 2008 at 11:16 AM #289311scaredyclassicParticipantwell, but, they did kind of say that no stabilizationw as possible until housing stabilized, so the clear inference was that the bailout was going to act to stabilize housing. That was the sense i got. i think it was clearly intended to make people think that way…
October 18, 2008 at 11:16 AM #289661scaredyclassicParticipantwell, but, they did kind of say that no stabilizationw as possible until housing stabilized, so the clear inference was that the bailout was going to act to stabilize housing. That was the sense i got. i think it was clearly intended to make people think that way…
October 18, 2008 at 11:16 AM #289619scaredyclassicParticipantwell, but, they did kind of say that no stabilizationw as possible until housing stabilized, so the clear inference was that the bailout was going to act to stabilize housing. That was the sense i got. i think it was clearly intended to make people think that way…
October 18, 2008 at 11:16 AM #289627scaredyclassicParticipantwell, but, they did kind of say that no stabilizationw as possible until housing stabilized, so the clear inference was that the bailout was going to act to stabilize housing. That was the sense i got. i think it was clearly intended to make people think that way…
October 18, 2008 at 11:16 AM #289657scaredyclassicParticipantwell, but, they did kind of say that no stabilizationw as possible until housing stabilized, so the clear inference was that the bailout was going to act to stabilize housing. That was the sense i got. i think it was clearly intended to make people think that way…
October 18, 2008 at 12:12 PM #289643DWCAPParticipantI have always known that the 700B portion of the bailout was for banks and wall street. I think most people always knew that, they is why they were so against it. But the last poster is correct, they talked about housing just enough to make people think that just maybe this will actually help them in some round about way.
I certainly never thought that portion was a RE savior. BUt the nationalization of the GSE’s, the cram down of capital to banks to try to force them to lend again (where do you think they want that money to go???) were both ment to help housing. The unforseen consequences though may just bite them in the ass. Rising interest rates will slow homebuying and increase the level or correction needed in the marketplace. That will lead to more underwater homeowners, or perhaps more homeowners REALIZING they are underwater, and more foreclosures. More foreclosures drive price declines and around we go.
Not saying that this will necessary happen, or that it will be a repeating cycle,just saying that the Gov isnt God and cant get RE prices to rise by commandment. (until we become socialists that is)October 18, 2008 at 12:12 PM #289676DWCAPParticipantI have always known that the 700B portion of the bailout was for banks and wall street. I think most people always knew that, they is why they were so against it. But the last poster is correct, they talked about housing just enough to make people think that just maybe this will actually help them in some round about way.
I certainly never thought that portion was a RE savior. BUt the nationalization of the GSE’s, the cram down of capital to banks to try to force them to lend again (where do you think they want that money to go???) were both ment to help housing. The unforseen consequences though may just bite them in the ass. Rising interest rates will slow homebuying and increase the level or correction needed in the marketplace. That will lead to more underwater homeowners, or perhaps more homeowners REALIZING they are underwater, and more foreclosures. More foreclosures drive price declines and around we go.
Not saying that this will necessary happen, or that it will be a repeating cycle,just saying that the Gov isnt God and cant get RE prices to rise by commandment. (until we become socialists that is)October 18, 2008 at 12:12 PM #289672DWCAPParticipantI have always known that the 700B portion of the bailout was for banks and wall street. I think most people always knew that, they is why they were so against it. But the last poster is correct, they talked about housing just enough to make people think that just maybe this will actually help them in some round about way.
I certainly never thought that portion was a RE savior. BUt the nationalization of the GSE’s, the cram down of capital to banks to try to force them to lend again (where do you think they want that money to go???) were both ment to help housing. The unforseen consequences though may just bite them in the ass. Rising interest rates will slow homebuying and increase the level or correction needed in the marketplace. That will lead to more underwater homeowners, or perhaps more homeowners REALIZING they are underwater, and more foreclosures. More foreclosures drive price declines and around we go.
Not saying that this will necessary happen, or that it will be a repeating cycle,just saying that the Gov isnt God and cant get RE prices to rise by commandment. (until we become socialists that is)October 18, 2008 at 12:12 PM #289634DWCAPParticipantI have always known that the 700B portion of the bailout was for banks and wall street. I think most people always knew that, they is why they were so against it. But the last poster is correct, they talked about housing just enough to make people think that just maybe this will actually help them in some round about way.
I certainly never thought that portion was a RE savior. BUt the nationalization of the GSE’s, the cram down of capital to banks to try to force them to lend again (where do you think they want that money to go???) were both ment to help housing. The unforseen consequences though may just bite them in the ass. Rising interest rates will slow homebuying and increase the level or correction needed in the marketplace. That will lead to more underwater homeowners, or perhaps more homeowners REALIZING they are underwater, and more foreclosures. More foreclosures drive price declines and around we go.
Not saying that this will necessary happen, or that it will be a repeating cycle,just saying that the Gov isnt God and cant get RE prices to rise by commandment. (until we become socialists that is) -
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