The China Problem
Slate Money
00:00
The Hidden Problem With the Housing Market
For Americans, homeownership is a very good deal. We incentivize it in this country in a way that is not necessarily incentivized in countries like Germany. Non-bank lenders are the ones making most of the mortgages these days. A bunch of them have been closing down in recent months just as interest rates have gone up.
Play episode from 28:26
Transcript
