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Why Mortgage Purchase Applications Are Near An All Time Low When Adjusted To Pop


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2015 Sep 24, 7:26pm   27,647 views  106 comments

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http://loganmohtashami.com/2015/09/24/why-mortgage-purchase-applications-are-near-an-all-time-low-when-adjusted-to-population/

As always economics has a equilibrium factor model to it. Each cycle is unique to it's own capacity, when you look at demographic economics from 1996 -2007
It explains a lot why the demand curve is soft from 2007-2019.

You can't just make up buyers, the supply had to be there and in this cycle it wasn't even a question.

#housing

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102   _   2015 Oct 19, 9:17pm  

FortWayne says

Most succesful people were drop outs or had really bad grades

When we talk about the masses, we can't use anomaly's as the norm or even as a reference point to discuss about general education in relationship to a mass population pool

Hence why uneducated people in mass do worse than those who are education, this has always been the case when we look at the bigger picture of education economics

103   FortWayne   2015 Oct 19, 9:33pm  

Logan Mohtashami says

When we talk about the masses, we can't use anomaly's as the norm or even as a reference point to discuss about general education in relationship to a mass population pool

Hence why uneducated people in mass do worse than those who are education, this has always been the case when we look at the bigger picture of education economics

Wasn't referring to it on a massive scale. I apologize for not making that clear.

104   _   2015 Oct 23, 12:17pm  

Here is a take from the Wall Street Journal on the missing 2.9 million from the peak of the housing bubble on ages 25-55 ( Prime Working Age Labor Force)

Why are more 25 to 55-year-olds out of the labor force? Mostly disability and school: http://on.wsj.com/1LLo3Ie

105   indigenous   2015 Oct 23, 12:22pm  

They have been talking about 10 million more on disability for some time. Thx O

106   _   2015 Oct 26, 11:41am  

indigenous says

They have been talking about 10 million more on disability for some time.

Disability payouts more for renting demand curve economics, ....

Home buyers tend to be college educated dual income or strong single income Americans, which for all the reasons mentioned in the article, just isn't that strong in this cycle

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