
America's Credit Rating Downgraded—And Why It's Another Headwind For Housing
BiggerPockets Daily
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Impact of US Credit Rating Downgrade on Real Estate and National Debt Concerns
This chapter explores Moody's recent downgrade of the US sovereign credit rating to AA-1 and its potential effects on the real estate market and investors. It delves into the root causes of the downgrade, such as rising national debt and ineffective governance, while highlighting the concerning financial future ahead.
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