Re:Homes in 97% of U.S. cities are overvalued, Moody's says
by nly on Friday May 06, 2022 @09:52AM
(#31285084)
Sure, we've had sub 1% zero rates since 2009, but over that 13 years the cost of housing has tripled. Even going to 2% over a couple of years could be devastating to home equity when people are so leveraged.
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