Housing Blogs
housing, mortgages…
RSS | Visita nuestra web 
- Worst Recession Since World War II?
-
From Fortune Magazine:Eli Broad, the billionaire investor and KB Home (KBH) founder, says we’re in the worst recession since World War II, and that a housing market recovery is years away. In an interview with Bloomberg, Broad also said that the banking industry may need to raise even more money to protect against bad loans — a grim prediction for an industry that has already posted about $400 billion in accounting losses….
Original Source
-
1 July, 2008| housingblogs |
@ 20:58