They say lightning never strikes twice, but US home builders are once again offering ultra-cheap financing to get non-creditworthy buyers into homes

Gavin Wendt

They say lightning never strikes twice, but US home builders are once again offering ultra-cheap financing to get non-creditworthy buyers into homes. Wasn't this how the last US housing bubble came out? And we all know it ended rather badly.


About this contributor

Gavin Wendt

Gavin Wendt

Founding Director, MineLife

I have been a senior resources analyst following the fortunes of the mining and energy sectors for the past 25 years - previously working with stockbroker Intersuisse and financial group Fat Prophets. I am also Executive Director, Mining & Metals...

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Medium screen shot 2016 01 12 at 2.25.34 pm

James Marlay

it wasn't even that long ago!!

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