by Companion
I work for a prominent Investment Real Estate Firm and at our team meeting today our CEO said he expects Mortgage Interest Rates to top 9% over the coming months. This will crater the demand for housing and plunge home values by more than 50% nation wide.
Hedge Fund Cash Buyers are on standby to scoop up these discounted properties and then turn them into rental properties.
It’s unfortunately not looking good for the average middle class American right now.
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