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Renting or speculation, pick your poison. property taxes participate in the rent, and 30yr mortgages backed by the fed drive speculation.
by naveen99 5y ago
Renting or speculation, pick your poison. property taxes participate in the rent, and 30yr mortgages backed by the fed drive speculation.
- MeinBlutIstBlau 5y agoThe reason why everybody could afford a house back in the day was cause the government didn't guarantee anybody a home and banks only lent money out to the best of credit because they had a cap they could only lend. Once that cap was met, no more mortgages for the year.