The problem is that even 20% down for residential and 30% equity for commercial loans is not enough in a stress situation. The real estate market needs to be p

The problem is that even 20% down for residential and 30% equity for commercial loans is not enough in a stress situation. The real estate market needs to be properly securitized and put on futures and options exchange so risk can be dynamically priced in real time by real market participants. More than 50% of wealth is stored as real estate and we are in the stone ages with how that wealth is managed when we have better financial tools. Also local governments need to enable online initial registration of cars even for non dealers...