Banks’ actions provide stability now, lower prices later

2 Responses to “Banks’ actions provide stability now, lower prices later”

1. SouthernIndie writes
   October 9th, 2009 7:59 am

   Housing inventory keeps building and prices keep
   falling. Realtors can spin it anyway they wish
   but housing prices could fall back to 2000 levels.
   Stocks did that & more in their fall. Everyone
   can’t afford a 3,500 sq ft home as has been
   shown. Banks need to quit playing games with
   their short sales and foreclosures and get to
   decisions on the bad loans. The sooner balance
   is achieved the better for all.

2. pandabear writes
   October 9th, 2009 12:58 pm

   Hey, we already bailed out the big banks remember ?
   They don’t give a hoot. There are tons of banks that
   are going to go down, but it won’t be them.
   In fact, they now have the capital to buy up
   smaller guys and wait.

   They will do the least they can for the homeowners
   in trouble…just enough to look “good”, no more.

   If 1 plus 1 still equals 2,
   the FED has to go.