Wednesday, December 14, 2011
Admission
Federal report: Home flipping drove housing bubble
LAS VEGAS (AP) — A new federal report shows that speculative real estate investors played a larger role than originally thought in driving the housing bubble that led to record foreclosures and sent economies plummeting in Nevada, California, Arizona, Florida and other states.
2 thoughts on “Admission”
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dohousescrashinthewoods says:
Ha ha! Brilliant.
Is the pope catholic?
Do houses crash in the woods?
And do Britons really live on a small island where housing is scarce?
mark says:
i posted this report a few days back from the bank in new york