The underlying debts are massive. Government puts band aids on them or gives out more money with fewer restrictions or to individuals who do not have a good history of paying back to keep the game going. lets face it. Housing prices are a product of the federal reserve fiat currency. At one time homes would actually decline in value in real terms. That was a long time ago. Now they are an investment and totally overpriced. Another housing collapse would do us good.I remember it wellI expect liberals to remember it wrong
you folks have never admitted responsibility for your mistakes
Ever
I remember banks giving me phone calls telling me of all the equity in my house and asking if I wanted to refinance
I remember Realtors calling me telling me how much I could sell my house for.
I remember getting calls about house flipping schemes
Not a single poor person called me
Democrats supported those phone calls also.
It was not partisans making those calls. It was the wealthy trying to grab more wealth
When the housing bubble burst, it was the wealthy who were bailed out......not poor people
That's true and who did that? Obama.
LOL.....Obama caused the housing bubble in 2007?