Wednesday, November 2, 2016

High home prices enrich existing homeowners and impoverish recent homebuyers

As home prices move higher, existing homeowners cheer, but new homebuyers assume excessive debts to climb the property ladder.


Most people accept the idea that ever-rising house prices are good, and that a decline in house prices is bad. However, this idea appears to only apply to housing....

High home prices enrich existing homeowners and impoverish recent homebuyers

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