3 ms·
They want to sell them _at a profit_ and if the market doesn't cool enough, they'll be able to do that no matter what, at the expense of the future economic act
by lenerdenator 3y ago
They want to sell them _at a profit_ and if the market doesn't cool enough, they'll be able to do that no matter what, at the expense of the future economic activity of the people who can afford it.
As for the second point, simple. They just refuse to renegotiate loans. Same as 2007-2009. They've gotten far pickier about who it is they loan out to, too, so it's less likely to result in the foreclosure of the home than it was during that time period. The flip side of that is that there's a shrinking pool of families that can afford to take that sort of cost on.