The Scam That BUILT THE HOUSING BUBBLE

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Издатель
00:00 The 30-Year Mortgage 'Scam' and the Housing Bubble
03:27 The Cost of a 30-Year Mortgage: An Eye-Opening Example
05:27 Mortgage Securitization and the 2000s Housing Crisis
07:47 The Blue Jasmine House is Losing Money
09:36 Adjustable Rate Mortgages: A Risky Trend Resurfaces
11:09 Conflicting Data: Housing Affordability vs. Market Reality
13:01 Strategic Advice: Selling Now, Renting, and Capitalizing on Future Price Drops
13:57 Foreclosure Spike: A Sign of Mounting Financial Stress

There are so many things that have made the housing market on affordable and one of them is the 30 year mortgage. Anytime something is subsidized by the government or can be financed for a long period of time or in this case both it dries up the price tremendously. Fast forward to today and only 30% of homes are affordable the median income household in America.

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Articles Mentioned in the Video
https://apple.news/AmPSlHAPtSAqysa8O9epWsg

https://apple.news/AaMa5jkBQQOy9cIwaNvzPYg

https://apple.news/AHz8cyAX8RbGRSsJuNpV_fQ

https://apple.news/AeCXpwKP_Ti-kSlzDCXhItw

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