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Can the young save the California housing market? 5 demographic trends impacting the California housing market from 2010 to 2020.
California has been fortunate to have favorable demographics for many decades. The country in general has been supported from the baby boomer generation and their spending and willingness to go into debt for consumption prowess. Yet demographic cha…
Trifecta of keeping the housing bubble inflated in pocket markets –Senate votes to reinstate big loan limits, pushes visas for wealthy foreign home buyers, and artificially slams rates lower to hammer savers.
It should be abundantly clear and obvious that the government and Wall Street want nothing more than to keep home prices inflated and are sticking out a giant middle finger to the majority of Americans. You might have missed the glorious news that ou…
5 reasons why falling home prices will be good for the economy – Higher homes values does not mean higher home equity, financial sector profits back up to 30 percent of all corporate profits, the mortgage debt equation.
A recent report shows that 11 million homeowners with a mortgage are underwater with a deep red line item on their household budget. Add into the mix those with less than 5 percent equity and we realize that 28 percent of all “homeowners” are eit…
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