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Re:Ask HN: Anyone else feels the commoditization of real est... by ethbr0 on Saturday August 13, 2022 @12:00PM (#32451071)
The key component in this scenario is that the owner (debtor) is taking 100% of the value decrease, while the mortgage lender is taking a 0% decrease.

In the event we implemented a market-wide adjustment, presumably we'd suspend business-as-usual to more evenly allocate that through the transition.

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