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Two charts explain the housing market and its...

snitzoid

First off, homes have gotten crazy expensive..but not everywhere.


Second, almost one in three homes is now owned by an investor. An investor who's financing, unlike yours, is about to expire in the next 3+ years. When that happens, their interest expenses will triple but not the rents they receive. So? They'll be forced to sell or get foreclosed on. Will that deflate or burst the current real estate bubble? Hmmmmm.



 
 
 

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