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It's possible that a large fraction of outstanding mortgages are owned by intermediaries that ultimately reside in such an arrangement. But half does seem like
by MichaelZuo 4y ago
It's possible that a large fraction of outstanding mortgages are owned by intermediaries that ultimately reside in such an arrangement.
But half does seem like an exaggeration. 1/10 would be more believable.
- naveen99 4y agoLeverage in residential real estate is minimal. Probably less than 30% globally.