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The Fed is concerned that the collapse of mortgage lending during the financial crisis is hardening into "a potentially long-term downshift in the supply of mortgage credit".
And in the long term?
In the long term, just possibly not.
In the long term, that looks likely.
In the long term.
Not in the long term.
Possibly, in the long term.
But in the long term?
In the long term, no.
In the long term it's ruinous.
…and in the long term!
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com