Home > Dominion's Blog > When Will The Recession Be Over?

When Will The Recession Be Over?

The Administration has declared the “recession is over and the recovery has begun.”

When will the recession really be over?

Our system of economics depends on growth and growth lives on credit.

No example is more clear than the current depression in the real estate market that both commercial and residential markets are still experiencing.

The current Administration over-shifted the wheel from “no oversight” to “nothing to oversee”.

Making more generous capital available for mortgage credit is the true answer to the problem.

We must learn from past mistakes in the overheated lending markets but open the spigots before the market dies of thirst.

Paul Horvitz
Dominion Mortgage Corporation

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