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Words have been flying on the politically charged topic of the role the Community Re-investment Act, a law passed in the 1970s to encourage bank lending to low-income borrowers, had in creating ...
Mention the term “housing bubble,” and you might conjure up nightmarish visions of 2008-2009, when the subprime mortgage crisis contributed to a crash that sent average U.S. home prices down ...
A housing bubble can cause property prices to soar to unrealistic levels, leading to an eventual crash that can have detrimental effects on homeowners and the economy as a whole. In 2008, this ...
A housing bubble (or housing price bubble) is one of several types of asset price bubbles which periodically occur in the market. The basic concept of a housing bubble is the same as for other asset bubbles, consisting of two main phases. First there is a period where house prices increase dramatically, driven more and more by speculation.
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Type the words "falling housing prices" into Google and more than 8 million citations pop up. Michael Youngblood's name won't be among them. Despite all the fear that single-family home prices ...
And housing starts have still not recovered from the bursting of the housing bubble in the mid-2000s. Divide between haves and have-nots. The forecast for a “stuck” housing market cuts both ways.