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How Government is Distorting Real Estate Market

 
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Former Arlingtonian
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PostPosted: Tue Oct 01, 2013 2:41 pm GMT    Post subject: How Government is Distorting Real Estate Market Reply with quote

MassHousing is a prefect example of how the Government is pouring Money into Massachusetts Real Estate market...
Take a look at the loans program and then the numerous Housing project that Mass Housing is backing with Government money.....this is not going to end well.

https://www.youtube.com/watch?v=lZRXW2NaScU&list=UU_ym-PaGKN1MgjM2lZXEZ2g
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Dismayed
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PostPosted: Fri Oct 25, 2013 8:47 pm GMT    Post subject: Myopic View Reply with quote

Why are you ignoring the private banks? That's where the real abuses originated.
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Arlingtonian
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PostPosted: Sat Oct 26, 2013 2:00 am GMT    Post subject: Reply with quote

Dismayed,

Now it is not Private Banks - the 1000 pound Gorrilla in the secondary Mortgage Market is Government entities - Fannie - Freddie - FHA - VA

Private Banks were the problem and now the Government is giving any one with a pulse a Mortgage.

Kind Regards.
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