Good ideas and conversation. No ads, no tracking. Login or Take a Tour!
kleinbl00 · 3183 days ago · link · · parent · post: Wall Street Veterans Bet on Low-Income Home Buyers
It's more accurate to say that housing prices are already messed up. That's the thing that the realtors won't tell you - when everyone can get cheap financing, everyone prices their houses higher. It's simple supply and demand - if everyone needs a house, and houses cost $50k, but then the government decides everyone should be able to get a $100k mortgage, houses will double in price.