If the U.S. housing market isn't fixed soon, it's going to drag the rest of the economy down into a hellish bottom that will take years, if not decades, to crawl out of.
Baltimore, MD (PRWEB) June 08, 2011
It’s been more than 4 years since the 2007 housing collapse, and the U.S. housing market is still a disaster.
Nearly 2 million homes are empty. Foreclosures are rampant. Lenders are trying to shift their surplus onto any stray homebuyers they can find.
And if the U.S. housing market isn't fixed soon, it's going to drag the rest of the economy down into a hellish bottom that will take years, if not decades, to crawl out of.
It’s a good thing someone is finally stepping up to the plate: Legendary investor Shah Gilani.
You may be familiar with Gilani from his many appearances on Fox Business and CNBC… but if you’re not … he’s a rare commodity.
As a retired hedge fund manager who's willing to share the secrets of what goes on behind Wall Street's "velvet rope," Gilani is able to spot the stock market's hottest profit opportunities.
And since he's no longer part of the Wall Street power structure, Gilani is also willing to show investors how to capitalize as a top editor for Money Morning, one of the nation’s leading free investment newsletters.
In this new report, Gilani proposes a 3-step plan to end the crisis in the housing market in the U.S.
He calls this a “modest proposal” but truth be told it’s pretty bold. After all, he’s making some very tough demands of Wall Street, Fannie, Freddie and the federal government…
And they all begin with the thing that matter most - money.
As Gilani says, “Without the ability to finance home purchases, we're only going to sink deeper and deeper into the black hole.”
“You see,” Gilani continues, “there’s no arguing the fact that bad financing - securitization - got us into this mess. Forget all the arguments about how loan factories spun out no-doc ‘liar loans,’ or how buyers were equally complicit in perpetrating mass fraud. At the end of the day, the truth that matters is that securitization financed the whole scheme.”
While housing market predictions may look dire, Gilani can bring those forecasts back into the black in just three steps.
One thing is for sure: Contrary to the naysayers… despite the political pandering… in the face of rampant procrastination - he’s going to go down trying.
You can learn all of Shah Gilani’s bold ideas…including the three steps to save the U.S. housing market in his latest article: “The Dying U.S. Housing Market: Three Easy Steps Revive Housing”.
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William Patalon III