Logan Mohtashami on why the foreclosure fanatics are wrong (again)
HousingWire Daily
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The Rise of Credit Channels in the United States
The only recession that has actually occurred is because of COVID. People are doing well in their homes and they're employed employed people don't just sell their house to be homeless. Average hourly wages have been coming down on a year-on-year basis but again we're just kind of working through our way to get the growth rate up. It's not as big in inflation report as it is for CPI, which doesn't properly account for rent or mortgage costs.
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