Odd Lots:Is There an Extremely Simple Fix for Affordable Housing?
1 week, 5 days ago

Odd Lots:Is There an Extremely Simple Fix for Affordable Housing?

Bloomberg  

Odd Lots:Is There an Extremely Simple Fix for Affordable Housing? Odd Lots Is There an Extremely Simple Fix for Affordable Housing? He argues that after the Great Financial Crisis, regulators over-tightened lending standards, and in so doing, took out the entire "starter home" segment of the new housing market. He says that if Fannie and Freddie were to liberalize their lending standards, homebuilders would be incentivized to build more homes that cater to people with lower incomes and lower FICO scores, essentially re-creating a whole slice of the new home market that's disappeared over the last 15 years.

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