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“Plus, houses are touted as a major investment vehicle for the average citizen. If they all go underwater due to lowered prices, it'll result in a pretty big ec
by rqtwteye 3y ago
“Plus, houses are touted as a major investment vehicle for the average citizen. If they all go underwater due to lowered prices, it'll result in a pretty big economic crisis. So most government agencies won't want to see house prices go down too much either.”
That’s a big problem. A lot of peoples retirement plans rely on the value of their house. I am one of them.