Mortgage charts

[cr]

You’re right Gandalf, it probably wouldn’t prevented all of it, of the bubble may have been elsewhere.

But I’ll tell you where Gov’t intervention DID help cause this last bubble: the removal of a 15:1 lending ratio limit on banks, and the repeal of the Glass Steagal act.

The Gov’t should stay out most of the time, but there are exceptions.

Our Gov’t however, has a tendency to jump in at the wrong place, wrong time, do the wrong thing, for the wrong reasons, helping the wrong people. If 2 wrongs don’t make a right, imagine 5.

[gandalf]

Yeah, big-time cause of current situation.

Seems like we’re going through a process of ‘re-calibrating’ our values and government, kind of like back in the 80’s when Reagan arrived on the scene.

[gandalf]

Yeah, big-time cause of current situation.

Seems like we’re going through a process of ‘re-calibrating’ our values and government, kind of like back in the 80’s when Reagan arrived on the scene.

[gandalf]

Yeah, big-time cause of current situation.

Seems like we’re going through a process of ‘re-calibrating’ our values and government, kind of like back in the 80’s when Reagan arrived on the scene.

[gandalf]

Yeah, big-time cause of current situation.

Seems like we’re going through a process of ‘re-calibrating’ our values and government, kind of like back in the 80’s when Reagan arrived on the scene.

[gandalf]

Yeah, big-time cause of current situation.

Seems like we’re going through a process of ‘re-calibrating’ our values and government, kind of like back in the 80’s when Reagan arrived on the scene.

[HLS]

With govt intervention and manipulation of mortgages and rates, and stimulus incentives via tax credits and moratoriums on foreclosures, any of the future statistics for sales and foreclosures compared to past stats will be completely meaningless, but the govt and media and NAR will use them to twist the facts.

I’m expecting some bizarre increases which will be (attempted) used to promote a turn around, when in reality there is probably more downside and pain in many areas.

It will no longer be an apples to apples comparison.

[HLS]

With govt intervention and manipulation of mortgages and rates, and stimulus incentives via tax credits and moratoriums on foreclosures, any of the future statistics for sales and foreclosures compared to past stats will be completely meaningless, but the govt and media and NAR will use them to twist the facts.

I’m expecting some bizarre increases which will be (attempted) used to promote a turn around, when in reality there is probably more downside and pain in many areas.

It will no longer be an apples to apples comparison.

[HLS]

With govt intervention and manipulation of mortgages and rates, and stimulus incentives via tax credits and moratoriums on foreclosures, any of the future statistics for sales and foreclosures compared to past stats will be completely meaningless, but the govt and media and NAR will use them to twist the facts.

I’m expecting some bizarre increases which will be (attempted) used to promote a turn around, when in reality there is probably more downside and pain in many areas.

It will no longer be an apples to apples comparison.

[HLS]

With govt intervention and manipulation of mortgages and rates, and stimulus incentives via tax credits and moratoriums on foreclosures, any of the future statistics for sales and foreclosures compared to past stats will be completely meaningless, but the govt and media and NAR will use them to twist the facts.

I’m expecting some bizarre increases which will be (attempted) used to promote a turn around, when in reality there is probably more downside and pain in many areas.

It will no longer be an apples to apples comparison.

[HLS]

With govt intervention and manipulation of mortgages and rates, and stimulus incentives via tax credits and moratoriums on foreclosures, any of the future statistics for sales and foreclosures compared to past stats will be completely meaningless, but the govt and media and NAR will use them to twist the facts.

I’m expecting some bizarre increases which will be (attempted) used to promote a turn around, when in reality there is probably more downside and pain in many areas.

It will no longer be an apples to apples comparison.

[Author]

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