Monday, September 29, 2014

OCHN: What will the next housing bust be like?

Based on the moral hazard from lessons learned from the last housing bust, future housing declines will experience very, very low sales volumes.

What lesson did lenders learn from the painful losses from the housing bust?
Did they learn they shouldn’t peddle toxic mortgages? Nope.
Did...
What will the next housing bust be like?





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