Oct 21, 2007

Steve Forbes on housing

Thanks to Fed-created inflation, housing prices in most of the U.S. will firm and then rise. This won't save overextended subprime lenders and most come-lately speculators. But it will give much of the industry something of a second--albeit brief--wind.

~ Steve Forbes, "Fact and Comment: Housing," Forbes, June 18, 2007

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