The Effect of Wall Street on the Housing Market

The subprime loans were definitely Where the sort of problem began in terms of lending to people who couldn't afford to pay it back. Some some significant fraction of people who got a subprime loan never made a single payment on the mortgage because that they never planned to. The effect on all of us was that What was happening on wall street was a money-making machine for them on the backs of the rest of us and the housing market While it's stabilized, you know, and we're not seeing the foreclosures that we used to see We are still today seeing wall street run our housing market to its advantage Doubling up single-family homes across the country and level properties across the