InvestorsHub Logo
Followers 0
Posts 5082
Boards Moderated 0
Alias Born 08/26/2012

Re: Bruce A Thompson post# 214297

Sunday, 05/11/2014 10:56:55 AM

Sunday, May 11, 2014 10:56:55 AM

Post# of 799377
My argument is NOT wrong. The Rosenstein property was just an extreme example of what drove the housing bubble into oblivion, forcing the US government to step in with a rescue entailing $218,000,000,000. There were no subprime and jumbo mortgages involved in moderately priced family homes. The abuse was in the investment property values that became so inflated that the market collapsed.

Talk to any realtor.

Those are the facts!