Did the banks stipulate monthly mortgages on poor owners above what the owners could afford e.g. above the rents that the poor people were paying prior to owning a house?
Where the banks told to loan to poor people who could not afford the monthly Mortgage?
Or did so many people lose thier jobs & could not affort the mortgages to the extent that it affected the market?
Did the banks stipulate monthly mortgages on poor owners above what the owners could afford e.g. above the rents that the poor people were paying prior to owning a house?
Where the banks told to loan to poor people who could not afford the monthly Mortgage?
Or did so many people lose thier jobs & could not affort the mortgages to the extent that it affected the market?
What was the cause for the job losses?
Where all the houses bought with 0% down?
The sellers seem to be the winners
Carlziess 2 years ago
Excellent!
TheKuffarKid 3 years ago