Less than $2.3k to go!!
We can do this!!
What they always fail to recognize the low credit and underwriting standards leads to higher demand and higher prices, especially on entry level housing.
With higher standards there will be lower home ownership, but less financial risk and lower overall housing prices which effect rent also.
Immigrants hosed the govt and the banks in the last bubble, because they borrowed and ran...sold the houses at inflated prices to Uncle Sugar.