Exploring the 'fairness' of housing rescue
Some say help for low-income Americans is too slim
By Tom Kelly, Wednesday, March 4, 2009.The discussions with industry officials in the hallways at the recent National Association of Home Builders gathering in Las Vegas echoed the conversations at the National Association of Realtors' annual convention in Orlando. They now have become a common consumer topic: Where does "fair" fit in the various economic stimulus plans?
Should banks receive money before the long line of consumers hurting from house payments? Should consumers who knowingly borrowed too much be bailed out at all? How do you determine clear greed from genuine desperation?
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