Haunted By The Last Housing Bubble, Fitch Warns "Gains Are Outpacing Fundamentals" | Zero Hedge

Haunted By The Last Housing Bubble, Fitch Warns "Gains Are Outpacing Fundamentals" | Zero Hedge

Fitch warns that house price gains are not fundamentally sound and could even reverse. I have been saying that of course. There will be massive volatility in housing because the foundation of stability, the 20 percent down mortgage, is toast. 

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