$700 Billion Dollar Bailout is good San Ramon and Danvill Real Estate…
The bailout package is good for The San Ramon & Danville Real Estate Market and here is why?
1. The money will be used to buy back loans from investors around the world holding paper on your house in San Ramon or Danville.
2. This will free money from investors in bad loans sold to them by Wall Street investment banks.
3. Now investors are free to invest in US Markets again with out the fear of total loss.
4. US companies can borrow money again from foreign investors to rebuild their business again.
5. End Result US Economy can stay a float.
This is a short term fix to get mainly foreign investors to feel good about investing in the US Markets. Until we as Americans can start to save again we will always at the mercy of foreign money. Right now our national savings is pretty much nil, which is why the Chinese who save their money, can bank roll our way of life. This relationship withthe Chinese can’t be sustained for ever and something must give. I am not sure of the long term solutions but on thing is for sure if we don’t act now we could be in this mess for a least ten years or longer. You don’t have go back to far in history to see where this happened just look at Japan.
Sam Parwiz
925-219-5144
San Ramon and Danville Realtor