A truckload of dung
Benmeister's Articles In US Domestic
March 27, 2008 by Benmeister
I'm listening to John McCain speaking about the housing situation. The current "crisis" is due to housing speculator driving up the price of homes and creating a bubble. It is also due to irresponsible lending practices and people who got into homes they couldn't afford. All bubbles eventually burst as did the dot-com stock market bubble of the 90s and as the economy is currently experiencing in the housing market. Home prices are falling because they're over-priced and this is merely a price...