The AmeriCatalyst event is an annual, invitation-only conference that operates as a collaborative, peer-to-peer think tank, bringing together senior executives from all key sectors of the primary and secondary mortgage market life cycle, the regulators who oversee its functionality and stability, and the investors who provide its liquidity, in one place at one time.
For many observers, “skin in the game” is synonymous with a large down payment that limits lender or investor risk. However, skin in the game can be defined much more broadly, since financial investment is only one factor that mitigates risk.
The Silicon Valley area added 385,000 jobs between 2010 and 2015, but only issued building permits for 58,000 units in that same time frame, creating an unsustainable housing marker that shuts out all but the richest buyers. What, if anything, can be done to cool off skyrocketing home prices?