Archive for: January 15, 2009

The prices of houses are plummeting everywhere. The house price median in California has dropped 38% as compared to last year. Low cost of foreclosures has improved sales but the general drop in prices of the property is the principle …

America is going through a financial depression. The whole thing brought about by sub prime lending claims the economists and policy makers. Their arguments being that when the government wanted to increase home ownership lenders took it into their hands …