Some witnesses told a House subcommittee that institutional and private equity investors are to blame for the current housing affordability crisis, while others say it's just a symptom of a tight housing market. Republicans and Democrats not only disagree on what caused the problem, but they don't agree on how to solve it. Also the Mortgage Bankers Association reported that purchased loans remained flat over the last week. Meanwhile, poaching allegations are growing as the market gets more competitive.
Are Investors To Blame For Home Affordability Crisis?
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