Could We See Another Boston Area Housing Crisis?

This week’s “Slap in the Face” Award goes to our devoted public servants in Washington, who’ve decided the Boston area housing market isn’t moving fast enough. To correct this, they’re lowering lending requirements, and some mortgages will not require a down payment… again.

Really? We mean, REALLY?

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The Boston area housing market, or any other housing market in the country for that matter, may not be moving fast enough to please everyone in Washington, but loosening mortgage standards is not the answer.
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We would encourage you to write to your Congressman or Congresswoman, as well as your state senators and your governor, and encourage them to help us ALL avoid another Boston area housing market crisis like we saw from 2007 to 2009. Tell them not to allow such non-sense to set this country back 20 years again.
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To get more news on Boston area housing, including more articles and news about Boston area housing in general, check out our other articles by clicking on the Boston area Real Estate News link to your right under Boston area Real Estate Categories.
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Also of Interest  2015 Boston Area Housing Outlook