The housing bubble was, easily, one of the biggest "pops" we have ever seen. Imagine, as I reported earlier, that trillions of dollars have been lost in value.
-over supply of houses
-too many home builders
-over speculation
-CDO (collaterized debt obligation)
I understand that this was a week article to come posting on. But, understand that I have a lot of things on my mind. Meanwhile, read this article from Forbes.com . It is about the housing bust from dusk till dawn- its beginning and its zombie ending.
The How To:
