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Perfect explanation of the bursting housing and credit bubbles - must read

This Link is located in the Public Channel Housing Bubble and Bear Links.
Posted by ian 1 year 352 days ago (messages.finance.yahoo.com). Views: 239
Tags: housing bubble

Related Tags: credit crisis gold wall street economics peter schiff inflation banks

What I hope you will one day understand, is that housing prices cannot -- on a sustained basis -- rise much faster than wages without putting lenders in serious trouble. Banks have formulas indicating what a reasonable debt to income ratio is. These [More...]

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1 year 351 days ago:
trent propped the link Perfect explanation of the bursting housing and credit bubbles - must read. [view link]

1 year 351 days ago:
EatGrass propped the link Perfect explanation of the bursting housing and credit bubbles - must read. [view link]

1 year 352 days ago:
ian propped the link Perfect explanation of the bursting housing and credit bubbles - must read. [view link]