"Relaxing restrictions on risky mortgages when housing supply is near a record low risks overheating an already-hot market. Unfortunately, we know how this ends: wiped-out homeowners, and another wave of taxpayer bailouts.”
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"Relaxing restrictions on risky mortgages when housing supply is near a record low risks overheating an already-hot market. Unfortunately, we know how this ends: wiped-out homeowners, and another wave of taxpayer bailouts.”