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Real Estate Woes: The Subprime Mortgage Crisis by CAP

http://www.americanprogress... With each passing release of housing-related data, the picture becomes bleaker for the estimated 1.8 million homeowners with subprime mortgages whose interest rates ...  
 
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ourearthhome (6 months ago) Show Hide
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Sub-prime loans allowed the real estate boom to continue longer than it otherwise would have. Sub-prime loans did not cause the crisis nor did any of the public policies that encouraged and subsidized home ownership by those who otherwise could not have been players at all. The crisis in the housing market was bound to happen because Americans are allowed to speculate with real estate so there is has been a 18-20 year boom and bust cycle that has gone on for centuries if one follows the data.
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mannyfeseha (11 months ago) Show Hide
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mannyfeseha (11 months ago) Show Hide
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blackacadian (1 year ago) Show Hide
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Quick and to the point. Another fine example of governmental deregulation.
jediknight1988 (1 year ago) Show Hide
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Great video of this issie.

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