2 ms·
There have been significant reforms in banking since the 2007 financial crisis. The next recession will probably be more similar to the early-2000's recession (
by acchow 7y ago
There have been significant reforms in banking since the 2007 financial crisis. The next recession will probably be more similar to the early-2000's recession (post dot-com boom) than the financial crisis - shallow and short.
Don't expect such fantastic deals to be had again.
- psadri 7y agoThis is an interesting observation. I think you are saying that real estate prices crashed big time because the people who held the assets couldn’t afford to keep them because of their very high leverage. High leverage was possible because of subprime mortgages. But that channel is now closed because of post 2008 lending reforms.