US housing market faces new hurdle: Student loan repayments
(www.foxbusiness.com)
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"To put today’s affordability levels in perspective, it would take some combination of up to a 28% decline in home prices, a more than 4% reduction in 30-year mortgage rates or up to a 60% growth in median household incomes to bring home affordability back to its 25-year average," Andy Walden, vice president of enterprise research and strategy at Black Knight, said recently.
Here's what we can do. Seize houses from the banks and put actual families in them, and anyone that fucking cries about it, whether it's the hook nosed bankers or right wing NPCs crying about socialism, can get thrown into prison, or more preferably, a blast furnace.
There is literally no way this can hurt America. Families in homes they own is good for America.
Hook nosed bankers. Well played, young man. Well played, indeed.