Wednesday, June 10, 2020

Residential Housing Crisis Unlikely (Goldman Sachs Mike Swell on Bloomberg TV)


No Foreseen Housing Crisis Based on: 
  • Job improvement, "true unemployment under 10%" 
  • No "oversupply of housing inventory."
  • Not having "too much leverage in the system" in regards to LTV, and interest only loans...

VIDEO:
Source:
https://www.bloomberg.com/news/videos/2020-06-08/housing-crisis-unlikely-as-long-as-jobs-improve-goldman-s-swell-says-video

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