The Traderszone Network

Published in TZ Latest News 2 May, 2014 by The TZ Newswire Staff

More Bad News Out Of JPMorgan About The State Of The Housing Market

Another day, another preannouncement by a major bank confirming that the housing bubble has not only popped but that traditional bank activity, namely the lending of mortgage loans to consumers  – who aren’t borrowing not because they have no access to the loans but because real estate prices pushed up by institutional investors who don’t need mortgage loans, are simply idiotic – is dead and buried.

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