It is amazing, by any standards, just how bad things have gotten on the economic front because of what was, at first, a crisis in the subprime mortgage market.
Of course, conditions had to be right (or wrong, in this case) for the subprime match to ignite such an enormous world-wide blaze, but, it has, [...]
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Charles Feldman
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“And, The Debate Goes On”: To Invest Or Not To Invest In An Upside Down Real Estate World
by Charles Feldman | April 23, 2008In the 60s, Sonny & Cher (before Sonny crashed into a tree while skiing) had a big hit with the song “And The Beat Goes On”–or something like that. Now, in real estate, 2008, a good song title might be “And The Debate Goes On!”
The “debate” is whether or not this is or isn’t [...]