How NOT to Fix the Great Real Estate After-Bubble

The Huffington Post recently published an essay optimistically titled “How to Fix the Great Real Estate After-Bubble.” The “fix” proposed by Mary Manning Cleveland, a professor of environmental economics at Columbia University, is to get Congress to force banks to write down the principal balances on millions of underwater mortgages to their post-bubble market values. [...] For those that don’t know, reverb makes a sound appear to resound in a succession of echoes, giving the effect that it’s being trackingapps.org/how-to-secretly-track-a-cell-phone-location played in a large room

Leave a Reply

You must be logged in to post a comment.