Bernanke Hopeful About His Boca Rental; National Housing Recovery

WASHINGTON (CHN) -- Federal Reserve Chairman Ben Bernanke told Congress on Wednesday that record-low interest rates are still needed to ensure that the economic recovery will last and to help ease the sting of high unemployment. Those rates and the additionally adjusted special rate on his personal Boca-Raton rental property have not produced the stability needed to draw in new homebuyers according to Federal policy critics and the Boca Raton Vista II HOA.

In his twice-a-year report to the House Financial Services Committee, Bernanke struck a confident tone that the recovery should endure. But he also sought to tamp down expectations on both a national bounce back and any upswing on travel season rates for his rental as Northern Jews continue to head to Florida for warmer weather. The 3 bedroom condo (conveniently located 15 minutes from Ft. Lauderdale with easy access to the I95) was also a key component of the Administrations 2009 stimulus package and is the sole target of the 2010 Jobs Bill.

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