There’s a fundamental reason behind the housing drag: Homeownership hit the skids when homes became a highly leveraged asset class, flipped and laddered by speculators, rather than lived in by normal folks.-Fannie Mae Sledgehammers Housing Forecasts
There’s a fundamental reason behind the housing drag: Homeownership hit the skids when homes became a highly leveraged asset class, flipped and laddered by speculators, rather than lived in by normal folks.-Fannie Mae Sledgehammers Housing Forecasts
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