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Former CEO of Washington Mutual - Kerry Killinger | PBD Podcast | Ep. 185
PBD Podcast
Is There a Mark to Market Policy in Real Estate?
Mortgage interest rates have risen three % in the last 12 months. That should lead to a housing price decrease of about 30%. While that hasn't happened, housing prices have gone up a way above the rate of inflation. The difference between this time and the two thousand seven and eight financial crisis is that this time there's not the same risk out in wall street ind the securitisations,. thank godso so we don't have that one.
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