That doesn’t mean we get a bunch of people with down payments and higher wages to afford these properties though. Housing prices would need to fall a lot for that to occur and if it did, it’d put many of the people who were able to scrape together the money to buy a house underwater on their mortgages.
That doesn’t mean we get a bunch of people with down payments and higher wages to afford these properties though. Housing prices would need to fall a lot for that to occur and if it did, it’d put many of the people who were able to scrape together the money to buy a house underwater on their mortgages.