The Affordable Mortgage Depression
Government policies were designed to increase homeownership. Affordable Mortgages, created to realize this goal, were responsible for the Housing Bubble and distorted the economy. The unwinding of these distortions will result in a Global Depression.
The Affordable Mortgage Depression: Monthly Archives for May 2010

California Dreamin' While Chicago Burns

Posted by Whitney Ross at 5/29/2010 8:20 PM | Add Comment

Expiring Tax Credit Fails to Prevent 6th Consecutive Month of National Housing Price Declines. Chicago in Freefall.

Posted by Whitney Ross at 5/25/2010 10:25 AM | View Comments (3) | Add Comment

Disastrous April Housing Report Portends of Record Inventory in 2010

Posted by Whitney Ross at 5/24/2010 11:51 AM | Add Comment

There Is No Economic Recovery: Mortgage Delinquencies and Foreclosures Continue to Set New Records

Posted by Whitney Ross at 5/20/2010 11:13 PM | Add Comment

Obama's Stimulus Bridge To Nowhere

Posted by Whitney Ross at 5/19/2010 10:31 PM | Add Comment

Europe Decides to Dig Deeper Hole Rather that Climb Out

Posted by Whitney Ross at 5/18/2010 10:58 AM | Add Comment

May 1st, 2010: The Day Housing Died Again

Posted by Whitney Ross at 5/11/2010 9:28 PM | Add Comment

An Alternate Perspective on the April Employment Report

Posted by Whitney Ross at 5/10/2010 2:29 PM | Add Comment

Starve a Recovery, Feed a Depression. Food Stamp Enrollment Sets 15th Straight Record

Posted by Whitney Ross at 5/8/2010 1:02 PM | Add Comment

Delay and Pray: The National Foreclosure Strategy

Posted by Whitney Ross at 5/6/2010 11:32 PM | Add Comment

"Why Housing Will Not Fully Stabilize and Recover Before 2014" or "You Would Have to Be Fool to Buy a House Now"

Posted by Whitney Ross at 5/5/2010 3:31 PM | View Comments (9) | Add Comment

The European Union: "It's All Greek To Me"

Posted by Whitney Ross at 5/4/2010 10:45 AM | Add Comment
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