Tag: housing bubble

Occupied Owner

For decades, the United States government, pushed by its business partners in the financial and real estate world, "marched the nation into a delusion." The fantasy is that we can create wealth for millions of homeowners by enriching investors, brokerage and mortgage companies and Wall Street bankers "to the fullest extent possible with few boundaries."

The Housing Bubble

It is widely believed that homeownership is the best way for low-income families to accumulate wealth and enter the middle class. There are reasons...