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Real Estate: Tom Kelly


Tom Kelly
Tom Kelly
The Real Estate Adviser
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February 12, 2009

The Real Estate Adviser: Stimulus has little help for homeless

  • Advocates for low income people say they are trying to prevent a surge in homelessness due to the foreclosure crisis and the recession.
  • By Tom Kelly
    Special to the Journal

    The discussions in the hallways at the recent National Association of Home Builders gathering in Las Vegas echoed conversations at National Association of Realtors annual convention in Orlando: 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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