Doomsday scenarios didn’t stop with the failed Mayan Apocalypse of last week’s Winter Solstice. Continued wrangling over the looming “fiscal cliff" of the government’s financial crisis raises the specter for many of a budgetary apocalypse that will send lawmakers and...
The Fiscal Cliff: A Crisis for the Housing Industry?
Is the housing industry headed over the “fiscal cliff” on January 1, 2013? Before the November presidential election, most Americans had never heard of such a cliff, but with the expiration of the Budget Control Act of 2011 just around the corner, the term is hitting...