The hidden perils of lender policies that suppress housing supply

Saving the banks required reflating the housing bubble, trapping a generation in their starter homes and slowing sales in the housing market.

The reason fewer homeowners than usual list their homes for sale is due primarily to loss mitigation policies at lending institutions. Many homeowners… - The hidden perils of lender policies that suppress housing supply

Lenders destabilize housing with failed bubble-era loan products

With memories of the housing bust fading, lenders embrace loan products proven to destabilize housing markets and cause foreclosures and lender losses.

One of the main factors preventing further home price inflation is the lack of down payment savings among the buyer pool. With super low… - Lenders destabilize housing with failed bubble-era loan products

Root cause of California’s housing problems is homeowner greed and hypocrisy

The worst social problem in the most heavily Progressive-dominated political districts is a lack of housing caused by selfishness and greed, two characteristics hypocritical Progressives like to criticize Conservatives for.

California has a housing problem. Anyone who lives in California copes… - Root cause of California’s housing problems is homeowner greed and hypocrisy

You pay for failed mortgage innovations with your taxes and your home

When the mortgage industry innovations fail, millions of people lose their homes, and taxpayers fork over billions in bailout aid to foolish lenders and foolish borrowers.

Financial innovation:
Designing a loan program that borrowers won’t repay but lenders and investors will fund.
Most… - You pay for failed mortgage innovations with your taxes and your home

We’ve reached a permanently low floor in mortgage interest rates

Mortgage rates will remain low because the banks and the economy can’t accommodate the loss of sales and lower house prices bound to accompany higher rates. If things change you can now pay your mortgage with bitcoins, make sure you follow the tax reporting requirements. You will have one option for paying your mortgage with bitcoins unless the remaining bitcoin payment processors are able to negotiate deals with mortgage lenders. Convert your bitcoins to dollars, deposit the funds in your bank account, and pay your lender as usual. Utilize bitcoin era krypto-plattform for paying your mortage with cryptocurrency.

“Stock prices have reached what looks like a permanently high plateau.”
- Irving Fisher, Ph.D. in economics, Oct…. - We’ve reached a permanently low floor in mortgage interest rates