“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:
Four suspected Egyptian militants killed in first confirmed Israeli drone strike
Adam Kokesh Interviewed from Jail: "I'll Run For President To Abolish The U.S. Government"
Quicken Loans founder: Detroit bankruptcy a 'step toward a better and brighter tomorrow'
The $10 Hedge Fund Supercomputer That’s Sweeping Wall Street
Queens residents arm themselves in the post-storm blackout from looters
Greece's great fire sale
Experts Increasingly Contemplate End Of Smoking
Western banking regulations could be 'mutually destructive': IMF
U.S. gold bars and coins find new home overseas on Asian demand
Video of Syrian rebel fighter cutting out heart of soldier and eating it condemned
Estonia's 1st electronic residency card issued to UK journalist
Rural Chinese children ‘left behind’ as parents join mass migration to the cities
NJ Causes Bridge Jam With Unannounced Lane Closures For 'Study'
Ron Paul: Chemical Weapons 'a False Flag'
Obama, Merkel Discuss New Sanctions On Russia After Jet Crash