The longest economic expansion in modern American history could come to a screeching halt right before the 2020 presidential election. However, unlike our last major economic downturn, this won’t be brought about by the housing market. Banking On The Past As previously discussed, the 2007 financial crisis was catalyzed by exploitative banking practices which involved deceptive housing market indicators and […]
Category: Great Recession
The Housing Bubble A historical fact: The United States has had eleven recessions since World War II. While pessimistic economic pundits are already forecasting that we are heading towards another recession, the true issue is whether housing ever truly recovered from the last recession of 2007-2009. Interesting, while the New York Times indicated that housing only accounts for three percent […]
Florida Foreclosure Attorney Roy Oppenheim’s retrospection on the 10 year Anniversary of the Great Recession. Last Part: The Guilty Ones.
“A Retrospective From the Trenches of the Great Recession-The Parties to Blame” Welcome to the last part of my series of posts dedicated to reflecting on the ten-year anniversary of the Great Recession. I have talked about the changes prompted by the economic collapse, the things that did not change after it, and now it is time to talk about […]