Comments on: Strategic Defaults – Wrap up from last weekend http://www.realcentralva.com/2009/12/31/strategic-defaults-wrap-up-from-last-weekend/ Tracking Charlottesville's Real Estate Market since 2005 Sun, 12 Feb 2012 23:56:00 +0000 hourly 1 http://wordpress.org/?v= By: Jim Duncan http://www.realcentralva.com/2009/12/31/strategic-defaults-wrap-up-from-last-weekend/#comment-29204 Jim Duncan Sun, 03 Jan 2010 04:03:43 +0000 http://www.realcentralva.com/2009/12/31/strategic-defaults-wrap-up-from-last-weekend/#comment-29204 Pretty much everything the government has done penalizes those who have made good decisions and extends the woes our economy is facing. Rather than allow those who need to fail to fail and encourage successes, they prevent necessary failures and penalize success. But what do you expect when they have deemed Fannie and Freddie too big to fail and have assured them of unlimited funds? Pretty much everything the government has done penalizes those who have made good decisions and extends the woes our economy is facing.

Rather than allow those who need to fail to fail and encourage successes, they prevent necessary failures and penalize success.

But what do you expect when they have deemed Fannie and Freddie too big to fail and have assured them of unlimited funds?

]]> By: jmcnamera http://www.realcentralva.com/2009/12/31/strategic-defaults-wrap-up-from-last-weekend/#comment-29203 jmcnamera Sun, 03 Jan 2010 02:45:12 +0000 http://www.realcentralva.com/2009/12/31/strategic-defaults-wrap-up-from-last-weekend/#comment-29203 An article from the NY Times says that the government's intervention into the housing market is simply making things worse. Taxpayer money is being used to support those who made bad choices and worse, that same money is pricing people out of the market who didn't make stupid choices three years ago. U.S. Loan Effort Is Seen as Adding to Housing Woes http://www.nytimes.com/2010/01/02/business/economy/02modify.html?hp An article from the NY Times says that the government’s intervention into the housing market is simply making things worse. Taxpayer money is being used to support those who made bad choices and worse, that same money is pricing people out of the market who didn’t make stupid choices three years ago.

U.S. Loan Effort Is Seen as Adding to Housing Woes
http://www.nytimes.com/2010/01/02/business/economy/02modify.html?hp

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