Comments by "CalBob750" (@calbob750) on "Is another housing bubble on the horizon? Nobel prize-winning economist Robert Shiller weighs in" video.

  1. If anyone remembers the previous “housing bubble of Greed.”, you could have a household income of $40,000 and qualify to buy a $400,000 home financed with a high interest rate second mortgage as down payment. This fantasy continued until defaults increased beyond the mortgage insurers ability to cover the losses.
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