There’s rarely a good time for prices to rise a lot. Good luck finding someone who will tell you they enjoy it when their hard-earned dollars can’t stretch as far.
I have to agree, monetary policy is the root of the evil that besets us.
On the housing crisis? Two words. Private Equity.
Corporate greed incarnate has been buying up wide swaths of housing to either demolish single family units in favor of apartments, or simply jack up rents to astronomical levels.
So yeah, I can say corporate greed plays a part in the housing crisis, at least as much as CDOs figured into the 2008 debacle.
I have to agree, monetary policy is the root of the evil that besets us.
On the housing crisis? Two words. Private Equity.
Corporate greed incarnate has been buying up wide swaths of housing to either demolish single family units in favor of apartments, or simply jack up rents to astronomical levels.
So yeah, I can say corporate greed plays a part in the housing crisis, at least as much as CDOs figured into the 2008 debacle.