There's no doubt that consumer debt and the lack of meaningful job growth will continue to handicap the broader housing market. Where's the real reform in the credit world? Are 29.99% interest rates really necessary? Of course they are when all you care about is profits and the bottom line rather than working towards alleviating some of the consumer debt pressure.
Aug 29, 2010
Housing Market: More Doom and Gloom
There's no doubt that consumer debt and the lack of meaningful job growth will continue to handicap the broader housing market. Where's the real reform in the credit world? Are 29.99% interest rates really necessary? Of course they are when all you care about is profits and the bottom line rather than working towards alleviating some of the consumer debt pressure.
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