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Pons Asinorum @Pons_ETH on x 70.6K followers
Created: 2025-07-25 22:06:18 UTC
Yeah. But the problem was many of those houses were on arm loans.
So after that crash, they could not refinance their homes. Because the LTV was upside down.
The interest on the arm loans went up, and they can no longer afford them.
I’m convinced this was intentional, which is why you see so much private equity owned real estate now
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