"People telling you there's no bubble and it's just a supply shortage because no one built a new house for 10 years, it's just all the millennials trying to buy the same house on the same day" on the very right at the (current) peak.
In 2012 the Obama administration made it so private investment firms could buy foreclosed homes from Fannie Mae and rent them out. Because they were worried that homes were getting too cheap.
"People telling you there's no bubble and it's just a supply shortage because no one built a new house for 10 years, it's just all the millennials trying to buy the same house on the same day" on the very right at the (current) peak.
In 2012 the Obama administration made it so private investment firms could buy foreclosed homes from Fannie Mae and rent them out. Because they were worried that homes were getting too cheap.