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Surreal Estate: How far will house prices fall?
Many Happy Returns
Mortgage Dominance Is a Cool Idea
Central banks may be constrained by this fear of mortgage debt. Sensitivity of over-borrowed middle classes to higher rates puts a constraint on monetary policy. People assume nowadays that it's their right to own a house, but you know, that's not the case.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode