Ten years ago people truly believed real estate prices only go up. As a result people behaved imprudently and borrowed too much money because they believe they could always sell the property for enough to pay the loan.
The mantra of the National Association of Realtors is “real estate only goes ...
http://ochousingnews.com/blog/what-would-happen-if-everyone-believed-real-estate-prices-only-go-up/
Friday, July 8, 2016
What would happen if everyone believed real estate prices only go up?
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