Re:The U.S. Housing Market vs. the Canadian Housing Market
by xhkkffbf on Saturday September 09, 2023 @05:49PM
(#37450640)
IT just differently mortgaged. It's not a direct mortgage, but the company that's buying these had to raise the capital one way or another. And if the company didn't buy a house, they have the choice in investing it in something else. If the bonds are paying 8%, the company must believe that the house will return even more which is pretty hard.
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