They really fail to understand the real estate market. Rising prices on low cost housing via easy mortgages causes the price of better properties to go up also. They are back giving out liars loans to minorities and illegals...plus encouraging non-owner occupied or over occupied houses. They never learn.
After The Crash, I read that the illegals in CA were selling their house to a relative each time the "value" increased $100,000 - some three or more times. When the balloon burst, the current holder of the mortgage fled back to Mexico, along with his relatives, who are now living the Good Life, courtesy of the stupid Gringos.