Why the California water crisis will lead to a housing collapse

This entry was posted by Lagrangian Point on May 27, 2015 at 5:31 am

Why the California water crisis will lead to a housing collapse

All this will cause a wave of home loan defaults across California, sending local banks into their own financial plunges, much like what we saw with the housing bubble crash. This, in turn, will necessitate banks sharply …

Click here to read the full article
5
Like
Save

Comments

Write a comment

*

This site uses Akismet to reduce spam. Learn how your comment data is processed.