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Mortgage rates spike could upend housing market (www.newsweek.com)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] [email protected] 4 points 1 year ago

If it's any consolation, you can rest easy that the institutional investors would buy up everything so prices still wouldn't collapse. The exceptions would be properties that are going to be unprofitable in the mid-term because they'll be underwater due to climate change or something.

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