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Stacker Details
- Creator
-
Robert
- Creation Date
- June 12, 2009
- Replies
- Comments (1)
- Categories
- Personal Loans, Car Loans, Mortgage, FHA and VA Loans, Home Equity Loans, Foreclosure, Student Loans, Banking, Unemployment
- Categories
- government, interest rates, economic stimulus, home loans, subsidy
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I simply put 10 because they already subsidize interest. Also, I don't believe selling homes gets the economy moving. I think it reinflates a bubble, transferring high debt loads to younger buyers from older, downsizers. The younger buyers would drive the economy more long-term if they purchase homes at prices that are market and not bubble prices.
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