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Prices Up, Ownership Down Counterpunch


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2013 May 4, 1:29am   2,168 views  2 comments

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http://www.counterpunch.org/2013/05/03/the-housing-shell-game-prices-up-ownership-down/?source=Patrick.net

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1   HEY YOU   2013 May 4, 1:05pm  

Moody’s Ratings:
"See? It’s all a big shell game. Nearly half of ”the delinquent loans have been delinquent for three or more years”, and yet, the banks haven’t foreclosed. Why is that? It’s because they want to suppress inventory to prop up prices."

The game's rigged. There's not a pea under any of the three shells.

2   Stormtrooper   2013 May 6, 2:32am  

totally agree with the author.

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