Speculators so loved US real estate, and were so sure that the lowest interest rates in 5,000 years would stick around for years more, that they looked to make easy money buying property in the heart of America’s most dynamic cities. For an entire generation, they were in-the-money. Interest rates went down. The players could refinance… and refinance… even “taking out
The battle of the century
Jul 07, 2023
2 minutes
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