Create an Account
username: password:
 
  MemeStreams Logo

I live on a pirate ship

search

Hijexx
Picture of Hijexx
My Blog
My Profile
My Audience
My Sources
Send Me a Message

sponsored links

Hijexx's topics
Arts
  Movies
   Documentary
  Electronic Music
Business
  Finance & Accounting
  Telecom Industry
Games
Health and Wellness
(Home and Garden)
Miscellaneous
  Humor
Current Events
Recreation
Local Information
Science
  Biology
Society
  Politics and Law
   Civil Liberties
    Internet Civil Liberties
  Media
Sports
Technology
  Computer Security
  Linux
  High Tech Developments

support us

Get MemeStreams Stuff!


 
Current Topic: Home and Garden

RE: Greenspan Says Housing Prices Not Yet Near Bottom
Topic: Home and Garden 1:33 pm EDT, Aug  2, 2008

possibly noteworthy wrote:

Former Federal Reserve Chairman Alan Greenspan said falling U.S. home prices are "nowhere near the bottom" and the resulting market turmoil isn't showing signs of abating.

He said there are 12 million homeowners with negative equity. Many of those homeowners are likely to foreclose or just walk away.

Good exploration of how walking away from your mortgage is losing the stigma it once had:

http://www.npr.org/templates/story/story.php?storyId=18958049

RE: Greenspan Says Housing Prices Not Yet Near Bottom


 
 
Powered By Industrial Memetics
RSS2.0