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Housing Bubble Implodes

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oralloy
 
Reply Fri 27 Oct, 2006 06:42 pm
Link:

http://news.search.yahoo.com/search/news?source=yahoo&va=housing&vp=35+years
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talk72000
 
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Reply Fri 27 Oct, 2006 09:06 pm
It was a political move to keep interest rates low and keep the housing market hot. Now that W is not running there is no pressure to keep interest rates low. With the high debt from the War in Iraq interest rates will go up to borrow money for the war.
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