So How did Texas Escape the Real Estate Crisis?

I guess “crisis” is a relative term, isn’t it?   There is an interesting article in the    Washington Post about how the Texas Homestead laws prevented alot of Texans from taking ” cash out” home equity loans and this played a part in helping Texans escape the worse of the meltdown.      

Washington could learn a lesson or two from Texas.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s