Sunday, January 8, 2017

Struggling first time home buyers turn to fraud to buy property

Some first time home buyers with little credit history seem to be buying property as an investment rather than as a primary residence which constitutes fraud.

Can we blame them?  If they simply want a piece of the American Dream then arguably no.

The article here shows the new trend.  This will affect the statistics of homeownership (which I blogged about recently) too.

Very interesting!

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