Housing slump to continue, says Harvard's "State of the Nation's Housing" study

Tuesday, June 24, 2008

Guest: Nicolas Retsinas, director of the Joint Center for Housing Studies of Harvard University

Comments [1]

gerry

What is wrong with our system when the federal reserve give our tax money to the banks at the "discount rate", then the banks give us 1/2 % interest on our money but charge 20% if we borrow from them? Why not just have the federal reserve lend the OUR money to us for 4%?

Jun. 24 2008 08:35 AM

Leave a Comment

Register for your own account so you can vote on comments, save your favorites, and more. Learn more.
Please stay on topic, be civil, and be brief.
Email addresses are never displayed, but they are required to confirm your comments. Names are displayed with all comments. We reserve the right to edit any comments posted on this site. Please read the Comment Guidelines before posting. By leaving a comment, you agree to New York Public Radio's Privacy Policy and Terms Of Use.