Quoting Peter Coy, Business Week Online columnist:

I’ve spent the last couple of months talking to a slew of homeowners, real estate attorneys, Realtors, fair-housing pundits, Wall Street bank analysts, mortgage brokers, economists, and bankers. Many are quite sanguine about the health of the American consumer, the long-term outlook for the housing market, and the business of banking.

Okay, good. So, then, Peter, you’ve come to the conclusion that things are going to be okay?

Not me. I’m worried that while massive job losses have been the prime culprit in former real estate busts, the rising costs of home ownership, along with unprecedented household debt, are enough to tip many Americans and therefore the U.S. economy into the danger zone.

He then proceeds to track down someone to support his own beliefs.

I think we all do this sort of thing, don’t we? Sometimes we find comfort amongst people who feel just like we do.

Complete article: How Toxic Is Your Mortgage – By Peter Coy, Business Week Online

Back to Boston condos for sale homepage

Contact me to find out more about this property or to set up an appointment to see it.

Back to the homepage: Boston condos

Boston condos for sale

SEARCH FOR BOSTON CONDOS FOR SALE

For more information please contact one of our on-call agents at 617-595-3712.

Updated: January 2018

Back to homepage: Boston condos for sale

Condos around Boston to buy or rent

Condos around Boston to buy:

Back Bay area new condos for sale
Beacon Hill area new condos for sale
Charlestown area new condos for sale
Navy Yard Chalrestown area new condos for sale
Dorchester area new condos for sale
Fenway area new condos for sale
Jamaica Plain new condos for sale
Leather District new condso for sale
Midtown area new condos fro sale
Seaport District area new condos for sale
South Boston new condos for sale
South End new condos for sale
Waterfront new condos for sale
North End area new condos for sale
West End area new condso for sale
East Boston area new condos for sale

Condos around Boston to rent:

Back Bay area condos for rent
Beacon Hill area condos for rent
Charlestown area condos for rent
Navy Yard Charlestown area condos for rent
Dorchester area condos for rent
Fenway area condos for rent
Jamaica Plain area condos for rent
Leather District area condos for rent
Midtown area condos for rent
Seaport District area condos for rent
South Boston area condos for rent
South End area condos for rent
Waterfront area condos for rent
North End area condos for rent
West End area condos for rent
East Boston area condos for rent

Updated 2018

 

Comments

comments

Call Now