31 Oct 2007 07:05 am
Housing Bubble May Be Good For Economy
Sponsored Links
| The author of the new book, “Pop! Why Bubbles Are Good for the Economy,” says that if home owners, buyers, sellers, builders, lenders and real estate can hold on, there are good times ahead. “Bubbles have always been good in the past, and historically, we recover from them quickly,” business columnist Daniel Gross said at the Urban Land Institute’s annual fall meeting last week in Las Vegas. Home owners have learned a thing or too about housing finance when the high-flying mortgage market was offering all sorts of products, including some very toxic ones. The notion that refinancing may be beneficial is now part of everyone’s mindset. |  |
search for : Why Bubbles Are Good for the Economy, refinancing
bookmark this article to your choice of sites
