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Oct 05, 2009

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Gogo | House Flipping Tips

Part of the problem I see here (in addition to the disproportionate risk to task payers) is that some basic pre-requisites for deeper recovery are being glossed over.

Where are the broad and far-reaching mechanisms to motivate the lenders to work with many of the private homeowners on new terms?

How about the incentives that let hundreds of thousands of small investors across the country be a part of the solution and unclogging these bad loans from the lending system?

Firms worried about low valuations on their assets should really get real! That ship has sailed!

What we need is multi-pronged approaches to unclog the system in the "obvious" areas, while PPIP and other initiatives stumble along the less obvious.

My two cents.

The House Flipping Guy

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