Apartment Time
Where to live? The American dream of home ownership took a 90-degree turn starting with the housing crisis and the subprime debacle. During the days of liberal lending, virtually anyone could get a home loan. This fueled a run up in home prices that eventually lead to a crash. The fix to this crisis wound up being a combination of time and low mortgage rates. In many parts of the country a full recovery in home prices has occurred yet what is the current state that surrounds a consumer’s choice of where to live?