The Housing Trap: Why the Next Downturn Could Break the Middle Class Without “Crashing” Like 2008
The Housing Trap: Why the Next Downturn Could Break the Middle Class Without “Crashing” Like 2008 For years, Americans have been told the same comforting story: “Housing always comes back.”“Real estate is safe.”“The middle class will be fine.” But the truth is this: We are heading into a housing and mortgage downturn that could be more damaging to everyday Americans than 2008, not because it will explode all at once…