OCHN: Debt-to-income ratios must be limited to prevent future housing bubbles (redux)

Debt-to-income ratios must be limited because beyond a certain point, rising debt service becomes a Ponzi scheme.

In The Great Housing Bubble, I wrote about how we could prevent the next housing bubble:
Loans for the purchase or refinance of residential real estate secured by a mortgage and...
Debt-to-income ratios must be limited to prevent future housing bubbles (redux)