FYI: 10 years after the financial crisis, is the housing market still at risk?
The economy is booming. The stock market regularly hits new all-time highs. Unemployment is at record lows. Aside from a small recent downturn, the housing market is as hot as ever.
In many ways, the world has moved on from the cataclysmic 2008 financial crisis, triggered when sloppy mortgage lending popped the massive U.S. housing bubble. But the scars of the crisis are still visible in the American housing market, which has undergone a pendulum swing in the last decade.
Regards,
Ted
https://www.curbed.com/2018/8/29/17788844/financial-crisis-2008-cause-housing-mortgage-lending
