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We've now been through 4.5 US presidential terms where the US administration does not want to turn the dial back. If anything, the dial is turned further and fu
by TuringNYC 6y ago
We've now been through 4.5 US presidential terms where the US administration does not want to turn the dial back. If anything, the dial is turned further and further to ensure housing prices remain artificially inflated with easy credit and low rates.
However much sense stable, realistic home prices make in the long term, it makes sense in the short term for each president to continue propping up the market -- which president wants to inflict wide-scale harm on 2/3 of the households in the US?