Texarkandy
Thinks s/he gets paid by the post
- Joined
- Feb 12, 2008
- Messages
- 1,281
....
Your original question was "how will this 'bailout' help stabilize home prices?". The answer is that it helps increase the availability, and reduce the cost, of credit.
Which brings us back to my point that if the purpose of this bailout is to bring back a free-and-easy, all-may-borrow credit environment (a major cause of this market illness) - then maybe that's not such a good thing.