Granting low interest rate loans to unqualified people for overvalued property was the primary reason for for the burst in the housing bubble in 2008.
That statement is an oversimplification however that transaction is the source of the problem
Obama’s Agenda Is The Housing Bubble Times 3- or maybe 4 – or Likely A Lot More.
Are not most entitlement the equivalent of granting low interest bearing loans to people not qualified to pay the loans back?
International Business Turnaround and Development Consulting
Real Estate Investment Consulting
Executive Coach
Connect With Steve On:
727-587-7871
PS : I am very happy to share with you the link where you can get your copy of “The Remarkable Results of The Enthusiasm Factor In Business and Entrepreneurship” instantly for FREE. Click Here and get yours now.
| Steve Pohlit is a CPA,MBA and has been the CFO of several major domestic and international companies. Today Steve is an expert business consultant focused on helping companies improve their business performance including growing profits, revenues and customers. For a FREE 6 week mini course where you will receive 10 easy to implement action steps guaranteed to increase business revenue and profits by at least 30% in the next 90 days, please visit www.StevePohlit.com All articles published by Steve unless specifically restricted may be freely published with this resource information. |