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Foreclosure prevention efforts weaken the housing market - OC Housing News


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2014 Dec 31, 11:54pm   1,159 views  0 comments

by golfplan18   ➕follow (1)   💰tip   ignore  

http://ochousingnews.com/blog/foreclosure-prevention-efforts-weaken-housing-market/

In the short term, foreclosure prevention laws drive up prices by restricting inventory; however, over the long term these laws drive up lending costs, making houses more costly to own and weaken the housing market.

Source: http://ochousingnews.com/blog/foreclosure-prevention-efforts-weaken-housing-market/#ixzz3NaN4wm5z

#housing

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