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(3,231 posts)

1. THIS is what I always thought!

Wed Sep 6, 2017, 05:20 AM

Sep 2017

There were late night infomercials selling get rich quick in real estate schemes from the already rich selling THEIR investment properties!

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House flippers triggered the US housing market crash, not poor subprime borrowers [View all] mfcorey1 Sep 2017 OP

THIS is what I always thought! flygal Sep 2017 #1

Stream The Big Short Not Ruth Sep 2017 #2

Making money available for loans... Weekend Warrior Sep 2017 #3

I'd argue that the biggest problem.... Adrahil Sep 2017 #16

That is a huge part of what I'm talking about. Weekend Warrior Sep 2017 #17

People were buying multiple houses in new subdivisions Maggiemayhem Sep 2017 #4

I would agree....somewhat.... roomtomove Sep 2017 #9

It was all of the above IronLionZion Sep 2017 #6

Poor people can't afford to lose their home and don't have other options IronLionZion Sep 2017 #13

aka Speculators bucolic_frolic Sep 2017 #8

Those waterfront properties might get destroyed by the hurricanes IronLionZion Sep 2017 #14

I think this is an oversimplification at best genxlib Sep 2017 #15

This is utter rubbish. Somebody needs to read "The Big Short" longship Sep 2017 #18