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re: Drudge linked, Economist on housing bubble: We never left the bubble, its bubble inception
Posted on 1/22/18 at 10:00 am to cokebottleag
Posted on 1/22/18 at 10:00 am to cokebottleag
quote:
because what they could afford at 4% interest, they could never afford at 8%. So current homeowners take a bath and can't sell their homes at the current inflated prices, because no one can pay.
Common Sense
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