rc3.org

Here’s an astounding statistic: 10% of homeowners have no equity at all in their homes. Click on the link to read about some of the implications of that number.

In related news, aggregate home debt exceeds home equity for the first time since 1945.

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Over the past decade or two, it’s been impossible not to notice the trend of people moving back into cities from the suburbs, and more recently, the rise of engineered walkable neighborhoods in suburban centers that emulate some of the best qualities of city life. Call it urban renewal if you like, or gentrification if [...]

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