Home › Forums › Housing › is this a buy signal › Indeed, easy lending
Indeed, easy lending stimulated by the cult of homeownership may have triggered the financial crisis …
More like multi homeownership. But certainly easy lending played a part along w/appraisal fraud and all the other factors we regularly discuss.
For the better part of a century, politics, industry and culture aligned to create a fetish of the idea of buying a house.
LOL. I like the word she used. Fetish.
Yet by idealizing the act of buying a home, we have ignored the downsides
I definitely can agree w/the idealizing aspect that goes along w/people and their relationship w/homes.
I don’t really think we have a glut at the beach as one of the links said A Glut of Unique Houses Near the Beach
