{"id":36641,"date":"2013-06-18T09:57:36","date_gmt":"2013-06-18T13:57:36","guid":{"rendered":"http:\/\/www.bahamasb2b.com\/news\/?p=36641"},"modified":"2013-06-18T09:57:36","modified_gmt":"2013-06-18T13:57:36","slug":"expensive-houses","status":"publish","type":"post","link":"https:\/\/www.bahamasb2b.com\/news\/2013\/06\/expensive-houses","title":{"rendered":"Expensive Houses"},"content":{"rendered":"<p>Government borrows $60 million from NIB for 125 houses.<\/p>\n<p>That&#8217;s $480,000 for each house!<\/p>\n<p>Not to mention the fact that these funds are being \u201cborrowed\u201d from NIB, (our social security fund), and will probably never be paid back.<\/p>\n<p>Oh, and isn\u2019t the Bahamas Mortgage Corporation technically bankrupt? So why would anyone buy mortgage backed securities from them? Remember the US Housing Crisis and Freddie Mae and Fanny Mac?<\/p>\n<p>What\u2019s wrong with this picture?<\/p>\n<p><span style=\"color: #888888;\"><em><strong>By: Rick Lowe<\/strong><\/em><\/span><br \/>\n<a href=\"http:\/\/www.weblogbahamas.com\" target=\"_blank\"><span style=\"color: #888888;\"><em><strong>www.weblogbahamas.com<\/strong><\/em><\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Government borrows $60 million from NIB for 125 houses.   That&#8217;s $480,000 for each house!<\/p>\n","protected":false},"author":71,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10223285771444175_51037792744":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[14],"tags":[24,93,189,142,806,60],"class_list":["post-36641","post","type-post","status-publish","format-standard","hentry","category-opinions","tag-construction","tag-corruption","tag-housing","tag-incompetence","tag-nib","tag-plp"],"_links":{"self":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/36641","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/users\/71"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/comments?post=36641"}],"version-history":[{"count":0,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/36641\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/media?parent=36641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/categories?post=36641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/tags?post=36641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}