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“#Meme investors should heed ‘manic’ lesson of Fannie-Freddie collapse” The smart money thinks it’s only a matter of time — weeks, maybe days — before the meme-stock craze finally evaporates. But if history is any guide, this mania hasn’t quite run its course. For proof, look no further than the strange, decade-plus-long investment mania over…
“#NYC exodus report should be required reading for mayoral wannabes” Researchers at the federal mortgage giant Fannie Mae just came out with a study that should be required reading for all New York mayoral candidates. The dryly titled “housing insights” paper, “Covid-19 Led First-Time Homebuyers to Move Away from Highly Dense City Centers,” released Tuesday,…
“#Housing may again be behind the 2008-ball” We seem to be living in an era of the unexpected disaster: A virus that suddenly shuts down the US economy and ends life as we know it. A banking system that is at one minute solvent, and the next on the brink of collapse. Of course, such…