The refundable tax credit, available even if a family has no taxable income, will enable many more purchasers to buy a home, even if they are not qualified. But it could also bankrupt the FHA and, by doing so, would hurt an already weak …. It seems to me the very people running the Treasury, SEC, HUD and many Federal agencies, all came from Wall Street and Banking
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Will the U.S. Housing Market Double Dip? « StreetWise
But transactions are made everyday? in seconds. The real estate market is different. Market makers decide to buy or sell over many days, weeks, and months because of the complexities and idiosyncrasies of the transaction itself. ... These buyers are only a thin slice of the market. With regard to timing, it is interesting to hear a growing number of participants in the market talking about a double-dip recession. It will be interesting to see what happens. ...
"The greatest bull market in history, beginning in 1982," he says, has trained people "to believe things will do well and get better"?training he considers lethal?and conditioned them to "buy the dips." Furthermore, he adds, "The amount of liquidity being ... And when the inevitable shock to liquidity hits?from additional foreclosures, a collapse in commercial real estate, implosion of municipal markets or wherever?this bull market will be over in a tremendous hurry. ...
On the other hand, there also is concern that this will fall apart, and that as the fiscal stimulus packages come to an end interest rates start to rise that we will see a double-dip recession in the North American markets. .... 3) John Kaiser?From time to time, Streetwise Inc. and its directors, officers, employees or members of their families, as well as persons interviewed for articles on the site, may have a long or short position in securities mentioned and may make ...