“In Santa Clara County, the center of the global tech industry and one of the wealthiest places in the United States, most home buyers get help from the government. The same is true in other wealthy enclaves such as Nassau County, outside New York, and Arlington County, outside Washington, the analysis of more than 50 million loans finds. It is no secret that the U.S. government propped up the housing market after the financial crisis. What the analysis by Reuters makes clear is the extent to which government programs have helped some of the nation’s most well-to-do communities.”
http://in.reuters.com/article/2012/09/13/us-fanfred-lending-idINBRE88C0CY20120913
Related posts:
Why is Gibraltar a British territory?
Afghan president: U.S. special forces creating ‘insecurity and instability’
Argentina's Bond Yields Lure Back Buyers [March 2014]
France Pays Price for Front-Line Role From Syria to West Africa
Mexican drug war claims innocent victims
New Zealand passes law allowing domestic surveillance
India July silver imports highest in 5 years
Licensed Marijuana Grower Sues Cops For Killing His Plants
Onerous ATF rules threaten to put gun dealers out of business
New evidence gold on Earth created by ancient collision of dead stars in outer space
Rep. Todd Akin: ‘Write me a decent check’ to get my attention
India bank run underway after $2B scam at state-run bank prompts bailout bill
Colorado's Marijuana Legalization Campaign Goes To Court Over Deleted Text In Ballot Book
Former Target Store Manager to Oversee Nation's Nuclear Security
Moscow to suspend American GPS sites on Russian territory from June