- 9,995
- 3,286
- Joined
- Jan 22, 2015
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: this_feature_currently_requires_accessing_site_using_safari
No, overlending and failure to ensure that people could actually afford their homes is what caused the housing bubble to burst. It wasn't caused by the people who aspired to own homes, but rather the agencies who engaged in predatory lending instead of just lending what people could actually afford.
No, overlending and failure to ensure that people could actually afford their homes is what caused the housing bubble to burst. It wasn't caused by the people who aspired to own homes, but rather the agencies who engaged in predatory lending instead of just lending what people could actually afford.
I'd say both went hand in hand. Without the belief in the "American Dream" and that a home is a key investment, people wouldn't be so hungry to put themselves in the position to lose out by accepting these loans they weren't qualified for to purchase homes that they couldn't afford.
Owning will always be >>>>> than renting. Especially owning multiple properties.
factoidsKeep thinking that ownership is overrated.
More rental income for me.
Owning will always be >>>>> than renting. Especially owning multiple properties.
Always? thinking like that led to the last housing bubble burst.
I don't think home ownership is overrated. I think buying a home to live in is not necessarily a great investment, financially.
Depending where you live, it can be overrated.
Ima lease these whips and rent these apts till I die, papi.
Owning a home is cool when you decide to raise your family in the middle of nowhere.
That's not the life I want though.
#facts
edit:
jokes aside.........i agree on lease a car because they depreciate.....
a house? nah