Longtime real estate industry experts John Agostinelli and Christopher Michaud, authors of Easy Money and the American Real Estate Ponzi Scheme, had front row seats during the great recession and witnessed the strange lending practices that blew up the housing bubble, created disastrous consequences for government-endorsed loans, and hurt low to moderate income people and the communities they lived in. Not only did government create the problem, they say, but government's reaction to the crisis made matters worse. Agostinelli and Michaud say history is repeating itself right in front of us, and if we do nothing to stop the volatility in real estate markets, we risk the impending doom of the next housing collapse.
Current Show Promo:
Nora Firestone shares professional business tips and insights for small-business owners, authors and others, live on the air Thursday afternoons, from 1:00 until 2:00 EST, on Freedom 1110 AM, WKQA radio in Hampton Roads, Virginia. Nora's bio here.
Call in with questions during the live broadcast: 757-222-3705.
To sponsor The Nora Firestone show, please call 757-705-7174 or click here for pricing details.