2008 all over again.Perfect timing for, CBDCs and digital IDs.Very exciting times.Nightingale Associates (@FCNightingale):Fannie Mae set to drop its 620 credit score minimum.Mortgage giant will instead use its own analysis of risk factors.Officials say they're easing barriers to borrowing."It's just the latest in a series of policy changes aimed at creating home ownership opportunities in the https://t.co/yvzcgr1YB1 ...

Housing Affordability - To reduce the cost of home ownership in America, increasing housing supply is crucial [1] Regulatory Environment - Deregulation at the local level is necessary to facilitate increased housing construction [2] Solution - The solution to America's housing affordability problem is straightforward: build more housing through local deregulation [3]

Market Trends & Investment Landscape - Single-family home rentals are on the rise due to increasing difficulty in homeownership for average Americans [1] - Smaller investors are stepping in to buy single-family homes, comprising about 25% of purchases in the first half of the year, while large investors account for only about 5% [1] - Investors purchased nearly 1/3 of homes sold in Miami in Q4 2022, and about 1/4 in Atlanta; in California, investors own more than 50% of homes in 5 counties [1] Affordability & Housing Market Imbalance - High interest rates and economic uncertainty constrain the affordability index, making it difficult for the average American to afford housing [1] - In Nevada, the average income of around $50,000 is insufficient to afford a house, with older homes selling for around $350,000 and new homes around $450,000 [1] - Institutional investors' market share in residential real estate in Nevada is up 8 percentage points in 3 years, reaching 27% of the Vegas market [1] Policy & Potential Risks - Legislation to cap investor-owned homes at 100 failed, raising concerns about balancing wealth expansion and potential greed [1][2] - Privatization of Fannie Mae and Freddie Mac could introduce uncertainty and risk to the US mortgage market, valued at $14 trillion, without careful analysis [5][6][7] - Changes in Fannie and Freddie policies in 2023 have made loan-to-value ratios identical for investors and owner-occupiers [4]

“The psychology underpinning the property market has fundamentally changed.” Why are Chinese savers turning away from home ownership? Listen to our “Drum Tower” podcast https://t.co/jBdAPmH11R ...

Market Sentiment - Property is losing its appeal as a safe investment for Chinese savers [1] - Home ownership is no longer seen as a guaranteed investment in China [1] Industry Focus - The "Drum Tower" podcast discusses the changing perception of property investment in China [1]

Home Ownership & Learning - Home ownership involves continuous learning and problem-solving [1] - Google is a resource for homeowners to acquire knowledge and skills related to home maintenance and improvement [1] User Experience - Homeowners, like Judy and Pedro, are using Google to learn about home-related topics [1] - Google helps homeowners with various tasks, from understanding construction materials to basic plumbing [1]