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The Obama Housing Plan Is Doomed To Fail

Discussion in 'Fundamental Analysis' started by ActionForex.com, Mar 8, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    The Obama administration's housing plan, which will pay banks to lower monthly payments for troubled borrowers, seeks to avert millions of foreclosures and keep more homes occupied. It unfortunately is the exact wrong approach to take because it will only delay, but not stop, the inevitable decline in prices which...

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