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The Solution to Falling Real Estate Prices: The Wrecking Ball Response???
Posted at MyPhoenixMLS.com Blog by Bob Stahl
October 10th, 2008 8:33 pm
Tagged with: 700 billion, arizona, bailout, home values, phoenix, real estate, real estate agent, realtor, stock market, toxic assets
In yesterday’s post I mused at the end about the effects of the $700 billion “bailout” plan. It’s hard to believe it was just last week that was passed -- it seems like eons ago. Since then, central banks around the world cut interest rates, the
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Phoenix Real Estate Blog: What Does $700 Billion Buy Us?
Posted at MyPhoenixMLS.com Blog by Bob Stahl
October 9th, 2008 2:55 pm
Tagged with: 700 billion, arizona, bailout, emergency economic stabilization act, phoenix, real estate, real estate agent, realtor, toxic assets, troubled asset relief
Last Friday President Bush signed into law the Emergency Economic Stabilization Act of 2008 -- more infamously known as the $700 billion bailout. It’s the most expensive government intervention in U.S. history. Among the provisions in the 450-page bill
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