This Time, It’s a Bubble in Rentals
Fannie and Freddie are rushing to finance the current rental boom, and package them as mortgage-backed securities. What could go wrong?
Fannie and Freddie are rushing to finance the current rental boom, and package them as mortgage-backed securities. What could go wrong?
There will always be jobs because there will always be scarcity. Human wants are unlimited, yet the resources are limited — even with robots.
How do you stop the taxpayer subsidy to Wall Street while avoiding lighting the fuse to Bernanke’s inflation bomb?