2 ms·
I wonder then what the real percentage of "cash buyers" is.
by sgt 4y ago
I wonder then what the real percentage of "cash buyers" is.
- HWR_14 4y agoI'm not sure. Certainly many people refinanced their houses to pull money out over the past few years or got margin loans based on their stocks. Using that money to buy a (different) house gets counted as a cash buyer in the 25% number. But do you consider them a cash buyer? If they later do a HELOC to pull money out of the new house? It's a tricky question that can really only be answered by looking at how leveraged assets in general are.