To: blam
. increasingly more Americans find themselves priced out of homeownership, while still cautious banks refuse to lend them the mortgages they so desperately need to live the American Dream (on credit).creating money out of thin air leads to insane increase in the money supply = higher demand = increased prices = housing price bubble
low interest rates = higher demand for houses = higher prices = housing price bubble
too easy credit for years led to housing bubble of 2006, which crashed and led to the recession of 2008. Banks should not be making it easier to borrow to buy houses
88 posted on
04/14/2021 11:13:40 AM PDT by
mjp
((pro-{God, reality, reason, egoism, individualism, natural rights, limited government, capitalism}))
To: mjp
"
too easy credit for years led to housing bubble of 2006, which crashed and led to the recession of 2008"
Which in large part gave us an unknown junior senator with a highly questionable background known as Barak Hussein Obama just 7 short years from 9/11.
Where do we go from basement Joe Xiden and the non-natural born Citizen anchor baby "woman of color" once this bubble collapses?
90 posted on
04/14/2021 11:28:41 AM PDT by
rxsid
(HOW CAN A NATURAL BORN CITIZEN'S STATUS BE "GOVERNED" BY GREAT BRITAIN? - Leo Donofrio (2009))
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