American Housing Crisis Version 2

it really isn't that hard


These are the things that happen when you start stripping away regulations in a capitalist economy.


Banks giving out risky loans, then betting against those loans crashed the American economy and hurt the Global Economy.


Same principle but with rental properties now.

Honestly, you have to learn to quote the articles you post.


Anyway, this was actually predicted a few years ago and has been seen from a mile away.

Banks have to keep on lending money to survive...they're (like) sharks.


At some point, pretty well every safe bet has a mortgage (or doesn't want one), and they've got to lend money to riskier propositions.


Well, they don't have, but they're pretty well forced to by their higher-ups.