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Housing Secretary: “the worst rental affordability crisis that this country has ever known" [View all]
Why is no one paying attention to this growing crisis?
For the same reason that no one paid attention to the 2002-2007 housing bubble: too many people are making money on it. A lot of people don't want to hear talk about a housing crisis when they are raking in the cash.
In fact the housing market has been disfunctional for over a decade, and it has only gotten more disfunctional since the crash.
For the same reason that no one paid attention to the 2002-2007 housing bubble: too many people are making money on it. A lot of people don't want to hear talk about a housing crisis when they are raking in the cash.
In fact the housing market has been disfunctional for over a decade, and it has only gotten more disfunctional since the crash.
http://www.dailykos.com/story/2014/04/20/1293378/-Housing-Secretary-the-worst-rental-affordability-crisis-that-this-country-has-ever-known?detail=facebook
6 replies
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