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Apr 8, 2021
11:04:42pm
stenso Contributor
How much of the housing price boom is due to the foreclosure and eviction ban?
A quick Google search reveals that about 6 million homes are sold every year in this country, and that every year a little over 1 million homes are foreclosed. But we have gone over a year now without any of those foreclosures going back on the market. That’s got to be tying up a significant number of homes that would otherwise be added to the market. Nobody is saying it, but in my feeble mind that has to be a large part of the supply problem?
stenso
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stenso
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