A lot of banks are profiting from the housing market’s bust.
Banks and their investors are pouring millions of dollars into housing-related businesses like leasing, financing, and buying homes.
“I think it’s a good thing for people,” said Mark Zandi, chief economist at Moody’s Analytics.
The housing market has been particularly volatile this year, with investors buying homes as they fall on hard times, and the Federal Reserve buying more money to prop up the economy.
That has put financial intermediators, who make loans to home buyers, in a position to profit from a housing market that has historically been vulnerable to financial losses.
Wall Street, meanwhile, has gotten bigger.
Bankers are increasingly turning to their biggest clientele: hedge funds and private equity firms, who have invested millions of dollar in the market and have made millions of deals.
Some of the largest investors in the housing markets have also been investing in housing.
Investors in private equity are now making billions of dollars from buying homes, and they are investing heavily in mortgage bonds.
In October, the U.S. Treasury Department announced a $15 billion grant to help cities and counties deal with rising home prices, and more than $10 billion is set to go to municipalities and communities to help pay down mortgage debt.
At the same time, banks and other financial intermediers have been making money from the crisis, too.
While they may not have been able to take advantage of the housing crisis, Wall Street and the financial services industry have been getting rich off it.
Even as the housing bubble was bursting, the financial industry made millions from its business, and it’s still profitable.
Last year, banks made a net profit of $10.5 billion, or 9 percent of their total revenue.
The average for the sector was $1.8 billion.
By comparison, the Treasury Department’s grant to cities and states to help them deal with the housing crash was $4.2 billion, an increase of 9 percent.
When the bubble burst, the average value of residential real estate in the U, U.K., Canada, and Australia was $3.8 million.
That rose to $5.5 million by the end of March.
The U.N. predicts that by the middle of 2018, that number will have jumped to $13.3 billion.
The housing bubble and financial services bubble have had devastating effects on families and communities around the world.
As people have seen their incomes fall, the housing price bubble has popped, and many Americans have seen no income increase since they bought homes in the first place.
The housing bubble has helped drive the cost of housing into the stratosphere.
And as more people have been priced out of the market, the real estate bubble has burst and the economy has been struggling.
People have lost jobs, homes, or other possessions, and millions have lost the purchasing power that comes with buying a home.
It’s hard to imagine that in a free market, people would have bought homes that were unaffordable and then watched as the market crashed.
But now that the bubble has gone, there are some signs that people might be getting a taste of what it was like before the housing boom.
Housing is expensive, but so are most things in life, said Jonathan Katz, a professor at University of Michigan.
I think there’s a chance that there’s going to be some positive changes in the way people spend money in the coming years, Katz said.
What people are saying is that the financial intermediation is a good, or at least it’s working well for us, Katz told ABC News.
How do you make a lot of money?
You get a loan.
How do you get a lot less than a mortgage?
You have to borrow.
So it’s not surprising that many people who buy a home for the first time are turning to borrowing to pay down their mortgage debt, Katz added.