Who are the defaulters in the home mortgage crises? First time homebuyers or flippers?
Renting & Real EstateErik S asked:
A co-worker thinks the crises was caused by investors buying second homes to flip. I think it has been caused by first-time homebuyers getting loans they can’t support. Who’s right?
Janet
A co-worker thinks the crises was caused by investors buying second homes to flip. I think it has been caused by first-time homebuyers getting loans they can’t support. Who’s right?
Janet
