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 August 2010

New Home Sales Lowest on Record

A Cautionary Public Service Announcement Regarding Asset Manager Fisher Investments

Housing Stimulus Convinced Between 900,000 and 1.5 Million Families to Buy Overvalued Homes. 7.5 Million Transactions Have Been Executed Since Feb. 2009 at Government Manipulated Prices.

"Game Over" for Housing as Stimulus Creates the Worst Market Conditions of the Depression. Months of Inventory for Sale Is at a Post-Bubble High.

Tim Geithner Clearly Articulates His Lack of Housing Market Understanding

Barack Obama Has His Boot On the Neck of the U.S. Economy

Dynamic and Resilient, But Not Divine

The Bureau of Economic Research Says the Recession is Over. They Also Claim We Emerged from Recession in 1933

Employment Continues to Erode During The Obama "Summer of Recovery"

Addendum to "Could Condo Prices Fall to Zero?" According to CNN There Are Examples In Bust Markets That Are Getting Close

Obama's Stimulus Has Created a Worse Housing Market Than Before the Bill Was Implemented

Is the United States About to Lose 3 Million Jobs?

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