August 11, 2009 Dumping TARP Assets Has Led to Low Price Real Estate Investing
August 11, 2009
Banking News: As part the much-debated Troubled Asset Recovery Plan (TARP), US Treasury Secretary Timothy Geithner’s Financial Stability Plan provides $1.5 trillion in bank bail out funds. "By providing the financing the private markets cannot now provide, this will help start a process of providing a market for the real estate related assets that are at the center of this crisis," Geithner said earlier this year.
Real Estate News: Rental rates spike in response to homeowners re-entering the rental market. As home foreclosures continue to drive real estate prices to a record twenty-year low, many investors are turning to companies such as Wealthy IRA as a means of capitalizing on real estate opportunities.
“The Stock Market's uncertainty has begun to erode consumer confidence. Investors are seeking new means of recovering portfolio losses and capitalizing on record-low real estate prices,” according to WealthyIRA (www.WealthyIRA.com).
-From the Editors at RPIC
| < Prev | Next > |
|---|

