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Are Homeowners in Foreclosure Solely to Blame For the Economic Downturn?
There are lots of reasons for the foreclosure rates in the US, but the one most cited by armchair real estate market experts is that too many people took out loans that they knew they would never be able to afford. While this undoubtedly happened throughout the country, it is just one part of the problem that is being contributed to by many factors.
Stephen Harper and the “Big 5”As the price of oil slips to $45.00 and OPEC starts to consider slashing output our Prime Minister should not be even considering the words “depression” in the public forum. 580000 Canadians stand a very good chance of losing their jobs and our elected officials can’t even sit in the same office and discuss a plausible solution.
