I love this quote.
He blamed “bad public policy” and easy-to-get capital for the homeowner boom of the past decade, which turned “very good renters into very bad homeowners.”
I don’t know how true it is. It is, however, a clever turn of a phrase.
Good renters / Bad homeowners
Older post: “This market” to last 18 months to 2 years
Newer post: Phoenix is many real estate markets
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