IT’S NOT JUST FILLING UP THE TANK WHERE YOU’RE SEEING PRICE INCREASES…IT’S WHEN FILLING UP YOUR BELLY AS WELL! THAT’S RIGHT, FOOD AND DRINK PRICES ARE ON THE RISE IN A BIG WAY. CHECK OUT THIS WEEK’S MORTGAGE MARKET VIEW FOR SOME MONEY-SAVING TIPS!
IT’S NOT JUST FILLING UP THE TANK WHERE YOU’RE SEEING PRICE INCREASES…IT’S WHEN FILLING UP YOUR BELLY AS WELL! THAT’S RIGHT, FOOD AND DRINK PRICES ARE ON THE RISE IN A BIG WAY. CHECK OUT THIS WEEK’S MORTGAGE MARKET VIEW FOR SOME MONEY-SAVING TIPS!
May 14, 2008 at 10:43 am |
I find it hard to agree with the govt bailing out those who borrowed too much. It comes back to haunt me. I always end up footing the bill. if Fannie Mae buys mtg’s then there is no churn created. What would do better is like what happened in the 1974. The govt could offer an incentive such as a tax rebate of up to $15,000 on the purchase of a new house. With housing prices already reduced the value of a purchase goes beyond the house. This would create jobs for carpenters, electricians, real estate, and all. These people would then have needs such as better “green” type construction vehicles; there would be a need for supplies. Utility workers would be needed. Added incentives for “green” eco-safe additions could be given, ie solar hot water tanks; wireless systems to reduce the need & use of copper; steel instead of wood 2×4’s. It will take the community to save the community. We are already losing to much farm land to isolated subdivisions.