Sentences with phrase «known during the housing bubble»
If people had known during the housing bubble how little in the way of real housing they were getting for their dollar, they would have refused to pay the prices being asked and that refusal would have brought prices back down to reasonable levels.
http://www.early-retirement-planning-insights.com/ Not exact matches
When we were looking for a house during the bubble, it was amazing how many people had houses that had doubled or tripled in value, but had little, no, or even negative equity thanks to refinancings.
The lender recognizes that the borrower «could» be taking home more money than the IRS taxes, however, during the housing bubble of the 2000s many brokers used «no doc» loans as a tool to qualify a borrower even though they knew the borrower did not meet income requirements (thus the name «liar's loan» came to be).