“I worry that people are overexposed to risk,” said Stuart S. Rosenthal, an economics professor at Syracuse University. “We wouldn’t encourage people to buy risky stocks, so why do we encourage low-income families to invest in this risky asset, especially in tight markets?”The government really is a promoter.
Friday, March 16, 2007
Rising Trouble With Mortgages Clouds Dream of Owning Home
The New York Times has a good story on real estate.He a great quote:
