On: Priced out of home ownership

[nradov]

Mortgage delinquency rates are near record lows so what's your point?

https://fred.stlouisfed.org/series/DRSFRMACBS

[downrightmike → nradov]

Delinquency Rate on Consumer Loans, All Commercial Banks (DRCLACBS) https://fred.stlouisfed.org/series/DRCLACBS Taking off like a rocket, people are strapped for cash and have been burning all their credit to survive. Mortgages are low for now, but once people run out of easy credit, which they have, mortgage delinquencies will rise. People are poor.