Tuesday, June 24, 2008

Real Estate Commonsense RIP 2002

Moreover, the authors suggest that homeownership is not always an effective way to accumulate wealth, and they blame economists and policy professionals for not recognizing the housing bubble that they claim could be seen as far back as 2002.
"Unfortunately, we had this huge cohort of baby boomers and they really weren't paying attention," Baker said. "People who should have been saving for their own retirement weren't."

Drama unfolds..

whatever in thousand cuts..




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