Of all the players still on the field today — lenders, politicians, regulators, brokers, GSEs — young homebuyers are the only innocent ones. They were in high school or grammar school when the bubble burst, and today’s first-time buyers are paying the price for the mistakes, greed and outright fraud that contributed to the worst housing crash since the Depression.
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Inman Connect New York | January 29 - February 1, 2019