What's that you say? We learned nothing from the jewcession and housing jewbubble of the early 2000s? Nice!
What's that you say? We learned nothing from the jewcession and housing jewbubble of the early 2000s? Nice!
Archive: https://archive.today/2fLyI
From the post:
>American homeowners falling into negative equity rose in the first quarter of the year as soaring living costs and a volatile property market strain households. The number of mortgages considered 'seriously underwater' rose from 2.6 percent to 2.7 percent of all residential mortgages, a new report shows. In Kentucky, the percentage of 'seriously underwater' mortgage holders rose to 8.3 percent in the first three months of the year - the highest of any US state. To hit the threshold, owners must owe at least 25 percent more than the estimated value of their home.
Archive: https://archive.today/2fLyI
From the post:
>>American homeowners falling into negative equity rose in the first quarter of the year as soaring living costs and a volatile property market strain households.
The number of mortgages considered 'seriously underwater' rose from 2.6 percent to 2.7 percent of all residential mortgages, a new report shows.
In Kentucky, the percentage of 'seriously underwater' mortgage holders rose to 8.3 percent in the first three months of the year - the highest of any US state. To hit the threshold, owners must owe at least 25 percent more than the estimated value of their home.
(post is archived)