Tuesday, January 29, 2008

Frightening Video on Foreclosure Crisis



The above video was posted on CBSNews.com regarding the subprime foreclosure crisis impacting California (an much of the United States). Watch the whole video and see that this whole thing started from a combination of misinformation and greed.

Feel free to comment.

Dan Hamilton
Keller Williams Greater Columbus Realty
www.HamiltonHomesGroup.com
Search the Columbus MLS

1 comment:

Anonymous said...

I saw this on 60 Minutes Sunday. My take is similar to yours. They failed to hit on the point that many got in to the market to make money. When this didn't happen, due to market shifts, they are now the victims. It would be nice to see some "balanced" reporting on this whole issue somewhere. I'd like world peace as well.