FUS plan may hit property prices
FUS plan may hit property prices
- 1990
- Independent 9/5/90 p22 .
In USA the Bush administration has prepared itself to take the riskiest and most significant step yet in its effort to slow down the disastrous collapse of savings and loans institutions across the United States. Under a proposal approved by regulators for submission to the White House, up to $16bn worth of property will be sold off at up to 20% less than its present market value .
In USA the Bush administration has prepared itself to take the riskiest and most significant step yet in its effort to slow down the disastrous collapse of savings and loans institutions across the United States. Under a proposal approved by regulators for submission to the White House, up to $16bn worth of property will be sold off at up to 20% less than its present market value .