Obviously much of the impact will be driven by the specific market.For instance, many urban markets provide a great deal of assistance to first time home buyers through grants or low interest loans.With that being said, it is hard to ignore the impact of those buyers who bought prior to the expiration of the tax credit (cannibalization).

My point is, that there are alternative workouts that have not been done in the recent past that are starting to show up and such alternatives will probably have an impact on the big picture.

And unfortunately, most the unfit parents in this country are too stupid to consider the fact that they won't be able to provide for their kids...and therefore threat of no welfare won't have as great of of impact as any of us would like.

Originally posted by Tom Cullen:The growing consenus is that the Obama admin took too long to recognize the scale of the environmental impact the oil rig explosion posed.

Hiding information about your B-C deal when it would impact the lender's decision has always been frowned upon,and not just by Freddie Mac.

You want to ask "what is the impact if me and my paycheck are gone".

If you believe in the product and think it will have a positive impact on those who purchase it (which I know you do), then all the more reason to market the crap out of it

Interest is really paid by the tenant and it's expensed by you....yes it could increase your income, but what is that after taxes and few consider the economic impact of lost opportunities of not having cash available, so at some point there is a optimal point of your return, it's not just a financial return but look on an after tax basis with an economic valuation.

The bottom line is that it is very expensive and well worth the cost.Having said that I saw an enormous amount of waste and over engineering.

Bill,If they do away with the 30 year mortgage, what impact would it have on REI?