Who can actually buy a house today? Meet the ‘elite’ buyers achieving the
American dream.
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The share of first-time home buyers is at a historic low — yet they haven’t
entirely disappeared.
1 hour ago
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Well, actually credit expanded more rapidly than the 4.2 percent rate in 2010 in every single year that Greenspan chaired the Fed. In fact, it expanded more rapidly in every year in this series (going back to 1976) and probably every year since the Great Depression. In other words, for Alan Greenspan night is day, up is down, he is looking at an extraordinarily slow pace of credit expansion and telling reporters that is the fastest on record...