Housing should be a global humanity industries. Pricing of it in Wall Street is just of entertainment value. The sub-prime vehicle is a fraud because the interests of transactions are distributed with no balance on public involvements and private ownerships. What loan industries would go in the future? Humanity is not a profit/debt driven industry, it is an obligation.
Housing should be a global humanity industries. Pricing of it in Wall Street is just of entertainment value. The sub-prime vehicle is a fraud because the interests of transactions are distributed with no balance on public involvements and private ownerships. What loan industries would go in the future? Humanity is not a profit/debt driven industry, it is an obligation.
beancube2008 3 years ago