What it all Means for Real EstateOnce the ink dries on the to-be-determined Washington bailout of Wall Street, everyone’s focus will turn to sorting out the inevitable winners and losers. Although it’s too early to say if all residential housing will benefit, it’s predictable that at least one segment will: “medium-ish” upper bracket real estate....Read More
Bailout Package Debated As former Defense Secretary Donald Rumsfeld might put it, “you fight an economic crisis with the political leadership you have” (not the more-perfect one you’d like). Thus, in addition to Treasury Secretary Henry Paulson and Fed Chairman Ben Bernanke, the key decisionmakers in any bailout package emerging from Congress will be people...Read More
