“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
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
How Private Prison Companies Make Millions Even When Crime Rates Fall
Meredith Whitney: Municipal Finances Reaching an 'Inflection Point'
Obamacare To Increase Individual-Market Premiums By Average Of 41%
Ninth Circuit Rules 85-Year-Old Tax Protester Should Stay In Jail
New York woman solves her father’s cold case murder 26 years later
Judge: ‘Everything they say is a lie’
Two Japanese airlines to disregard China air zone rules
Growing Public Employee Benefits Forcing School Cuts
FBI failed to tell hundreds that they were on an ISIS kill list
New surveillance technology tracks everyone in an area for hours
Chicago police kill man with stun gun to break up group fight
Feds arrest Dr. Farid Fata, accused of fraud & deliberately prolonging chemo for cancer patients
Television set injuries on the rise in the U.S.
Hong Kong's first bitcoin shop opens in Sai Ying Pun
NYPD officer threatened to shoot grandmother of killed teen, lawsuit claims