Biyernes, Disyembre 16, 2011

Federal report: Home flipping drove housing bubble - Inquirer.net


Inquirer.net

Federal report: Home flipping drove housing bubble
Inquirer.net
Researchers with the Federal Reserve Bank of New York found that investors who used low-down-payment, subprime credit to purchase multiple residential properties helped inflate home prices and are largely to blame for the recession. ...

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Source: http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEWnzb1VOh24sSSbrTzTQclzdE27w&url=http://business.inquirer.net/35557/federal-report-home-flipping-drove-housing-bubble/

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