Right, but in 2008 many abandoned properties due to no equity, and that won't happen this time.
People were seeing homes with no equity and variable rates rising, so was easy to walk. Now, they won't walk due to the equity. So even if you can't access it, the fact it is there will stabilize things better in that market.
This message has been modified
Originally posted on May 20, 2022 at 2:22:57pm
Message modified by Turnpike Lane on May 20, 2022 at 2:23:44pm