Bharat Updates - The US real estate market is on the verge of a new...

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2023-08-14 00:34:55 -

The US real estate market is on the verge of a new disaster - the ratio of mortgagees' debts to their salaries has surged to 40%.

The situation marks the increasing risks and a possible collapse should some "black swan" emerge suddenly, just like in 2007-2008, when the ratio was 39.1%.

The US real estate market is on the verge of a new disaster - the ratio of mortgagees' debts to their salaries has surged to 40%. The situation marks the increasing risks and a possible collapse should some "black swan" emerge suddenly, just like in 2007-2008, when the ratio was 39.1%.

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