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Then property owners will not be able to pay their mortgage and be foreclosed on. The only ones winning are the big banks.
by paxys 3y ago
Then property owners will not be able to pay their mortgage and be foreclosed on. The only ones winning are the big banks.
- neogodless 3y agoBanks don't necessarily win with foreclosure. Not sure how leveraged the typical landlord is, but a series of foreclosures would suppress housing prices with a glut of inventory, reducing the recapture.
- deleted 3y ago[deleted]