|
Another reason why thisis happening is that houses are going to possibly loose the tax breaks they currently hold.
Basically banks are not going to work with middle income peeps and provide mortgages since those families within the middle income range that can buy home through a bank loan will not get the tax benfitis to make the ends meet.
This marks the end of the middle class in the USA.
Middle class people just became high risk in the eyes of banking institutions.
|