Buying a Home in Hard Markets

For generations, the 20% down payment has been the unquestioned golden rule of home buying, a rite of passage into financial maturity. But what if this sacred advice is now a trap? This book investigates the history of American housing finance, revealing how a risk metric from the 1930s became a cultural mandate that no longer fits a world where home prices outpace wages at an alarming rate. Thr...