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Considering the number of home starts someone is affording them just fine. The age of nearly free money may be past and square feet might be more realistic goin
by Shivetya 12y ago
Considering the number of home starts someone is affording them just fine. The age of nearly free money may be past and square feet might be more realistic going forward. The issue is, did people learn the lesson of not getting more mortgage than they can truly afford?
- sighsighsigh 12y ago> Considering the number of home starts someone is affording them just fine. I suppose China hot money dumps and Blackstone make great neighbors.
- intopieces 12y agoThere's two sides to that story: have we put regulations into place that prevent another sub-prime mortgage crisis? Or, are those regulations going to fizzle out in the next administration?
- djloche 12y agothe regulations are meaningless with the current state of regulatory capture. The Democratic and Republican parties in the united states appear to be united together in this corruption.
- MaysonL 12y agoI wonder even more if the banks have learned the lesson of not making loans to people who can't afford them? And whether the banking regulators will have the balls to stop the fraudster when they start demanding fraudulent appraisals from appraisers (as the banks and mortgage brokers did in the bubble years) and making liars loans. Also note that while housing start have recovered since the low post-crash, they are still at historically low levels in the US. See http://3.bp.blogspot.com/-0kkME86BGHc/VL-qoysEIbI/AAAAAAAAiBY/Gmviw7vudP0/s1600/StartsDec2014.PNG http://3.bp.blogspot.com/-0kkME86BGHc/VL-qoysEIbI/AAAAAAAAiB...