President Obama was reported by the N.Y. Post to be designing a Bill Clinton style financial crisis. The article also said that a global crisis wouldn't necessarily be attached 'because the banks learned their lesson'. Yet with about a third of rental properties owned by foreign investors any U.S. home mortgage crisis might stimulate an international crisis.
Foreign investors buy up U.S. properties in the boom and bust cycles designed by Clinton-Obama style economies at the lowest possible price.
http://nypost.com/2016/04/09/team-obama-is-setting-us-up-for-another-housing-market-collapse/
Foreign investors buy up U.S. properties in the boom and bust cycles designed by Clinton-Obama style economies at the lowest possible price.
http://nypost.com/2016/04/09/team-obama-is-setting-us-up-for-another-housing-market-collapse/