I think it’s important to add that this imemidately followed the tech bubble of the late 90’s and 2000 that many Americans were left out of. While most Americans didn’t have the means to invest in the stock market in a profitable way, HOUSING was seen as an easy, no money down way to get in on the action. Home buyers were able to use what the most successful hedge-funds use – LEVERAGE. No money down mortgages and interest only loans with minimal monthly payments allowed ‘ordinary’ Americans to buy what amounted to ‘options’ on homes that seemly wouldn’t stop increasing in value.
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Nauman akram – :
What is size? Need big size educational themed carpet for School.
Janai – :
I think it’s important to add that this imemidately followed the tech bubble of the late 90’s and 2000 that many Americans were left out of. While most Americans didn’t have the means to invest in the stock market in a profitable way, HOUSING was seen as an easy, no money down way to get in on the action. Home buyers were able to use what the most successful hedge-funds use – LEVERAGE. No money down mortgages and interest only loans with minimal monthly payments allowed ‘ordinary’ Americans to buy what amounted to ‘options’ on homes that seemly wouldn’t stop increasing in value.
Nauman akram – :
What is size? Need big size educational themed carpet for School.