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The Federal Reserve Interest Rate Manipulation:
The Federal Reserve "the fed" created a storm through artificial interest rate manipulation! Instead of a supply vs. demand, free-market based housing industry, 40-year-low interest rates set by "the fed" created an artificial demand for housing as an investment. When it...more
Goodnight all! It was fun. Thanks to all who did not respond and kept on the subject!
It was many factors that crashed the market and many are to blame but, sitting around blaming people is not going to solve this problem and it is going to take many years to get back on track.
I have no debt. Everything is paid for. Big house on 5 acres overlooking a river in the northern midwest. I posted that, just like everything else because I knew some fool would respond to Terdinski Crotchlikmehoff.
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