MoneyWatch Ask The Experts
CBS MoneyWatch Editor At Large Jill Schlesinger, Jack Otter and ThinkGlink’s Ilyce Glink Talk About The Housing Market
When I was in New York last week, shooting video, I also spent more than a half hour creating a podcast with CBS MoneyWatch editor at large Jill Schlesinger and MoneyWatch blogger and editor Jack Otter. We had a great time talking about how the government has injected trillions of dollars into the housing market – and for what? It’s a mixed bag out there. The good in today’s housing market is clearly the result of the $8,000 first-time home buyer tax credit (and $6,500 trade up home buyer tax credit) and the $1.25 trillion mortgage-backed securities buying spree the Fed has been on.
Clearly, we’re going to have a strong start to the new year. But then what? Tune in as Jill, MoneyWatch’s Jack Otter, and I discuss the continuing crisis in the housing market.