Housing Blogs » Bloggers’ lobby: Stopthehousingbailout.com

Housing Blogs
housing, mortgages…

RSS | Visita nuestra web

Bloggers’ lobby: Stopthehousingbailout.com

Recently I had a conversation with a fellow journalist about government efforts to ease the mortgage crisis. I was explaining to this person that mainstream media accounts of the issue very often ignore the anti-bailout sentiment that dominates blogs like this one. The journalist was confused. Opposition to a bailout? Here in liberal L.A.? On a blog on the L.A. Times website? "Your readers must be rich," she told me.If I had been drinking coffee, I would have spit it out. I explained that, no, as far as I know, that’s not the case. In fact many of them can’t afford to buy a house in Los Angeles, and they’re upset (not the word I used) at government efforts to support inflated housing prices in one of the nation’s least affordable housing markets….
Original Source