Article Image
News Link • Federal Reserve

Fed Knew About Housing Bubble in March, 2004: People Told to Shut Up

• Market-ticker.denninger.net/
 
"Entire condo projects and upscale residential lots are being pre-sold before any construction, with buyers freely admitting that they have no intention of occupying the units or building on the land but rather are counting on 'flipping' the properties--selling them quickly at higher prices."

Join us on our Social Networks:

 

Share this page with your friends on your favorite social network: