Another Name For Some Of Us

Depending on the way they take upon becoming homeowners. If they do it for the sake of buying one close to work and whatnot, good.

If they do it thinking in the famous “it will be worth double” in xx years…delusional.

Home ownership is low due to “behavioral issues”… That’s a funny way of wording it.

FHA isn’t a factor in the bay area but wow. It’s over 20% of transactions. I guess as tax payers we’re all on the hook when those people start to default. We learned nothing from sub prime during the last crisis.