i am herdman said:

Her sister just scolded people foe using her sisters death. Said Trump treated her family eith dignity and respect. She also said she voted foe Trump.

Libs and the media can be terrible.

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KyMUfan said:

I agree in principle. However the correction you mention wasn't absorbed by the investors or the lenders, it was absorbed by the taxpayers, the same ones currently getting priced out of the market. Too big to fail...

Are you familiar with Clinton's and Barney Frank's policies that basically virtually everyone qualified for home ownership?

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Raoul Duke MU said:

....who is barred from having a charity because he stole from his old charity to use the money to settle lawsuits against his private businesses. This happened immediately after he was soliciting donations for his charity "for veterans"....you know, suckers and losers.

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WV-FAN said:

oh, contrare. rifle will come back in with a diatribe full of pure horse shit that nobody will read, explaining why his claim is absolutely correct.

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KyMUfan said:

But sadly that takes effort and a certain level of intelligence...

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raleighherdfan said:

Sadly any American can fact check these claims. It’s right in the FRED data that anyone can access.

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mlblack16. said:

H&H keeps trying to parrot bullshit media claims, they blow up in his face, then he abandons the thread.

Today was Rifle's turn to look like an idiot.

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raleighherdfan said:

Which is why “banning sales” to anyone is a horrible idea. At some point, this asset class will fall out of favor for the big boys, as all investments do. The cost of maintaining these properties will result in the sale of the property, and price correction.

But as your article pointed out….once again, another failed big govt policy. This is what the minions crying for fairness and equity ultimately becomes.

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riflearm2 said:

The federal funds rate is not really impacting the price of homes in this market. The lack of available homes is what is the cause.

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KyMUfan said:

?


Government policies created the issue to begin with. The subprime mortgage crisis of 2008 that was caused primarily by Clinton's and Barney Franks' housing and lending policies.

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www.aei.org

I remember having a conversation with what I used to think was a pretty intelligent guy. He was talking about how great negative amortizing home loans were. I countered this was a recipe for disaster for numerous reasons, which is exactly what happened.

The result - the government bailed at the (ir)responsible parties out on the backs of the taxpayers...

Here’s how much the 2008 bailouts really cost | MIT Sloan

mitsloan.mit.edu

"As for who directly benefitted, Lucas found that the main winners were the large, unsecured creditors of large financial institutions. While their exact identities have not been made public, most are likely to have been large institutional investors such as banks, pension and mutual funds, insurance companies, and sovereigns."

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