What Distinguishes Today’s Housing Slump From the 2008 Collapse?
Pro Builder
SEPTEMBER 8, 2022
With much less financial risk-taking and an increase in equity wealth, today's buyers and homeowners are much more prepared to handle a housing downturn than they were in 2008. Not only is financing far less risky than it was leading up to the subprime mortgage collapse, but this time around, more homeowners are also equity rich.
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