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The trouble arises when 80% of your house is debt-funded, and everyone wants to realize the value of their debt. Turns out there will be a fair few other peopl
by jamez1 10y ago
The trouble arises when 80% of your house is debt-funded, and everyone wants to realize the value of their debt.
Turns out there will be a fair few other people who also think they own your house, and when this happens to a big chunk of the population you get in a lot of trouble.