2min chapter

Animal Spirits Podcast cover image

Bear Market Lessons (EP.306)

Animal Spirits Podcast

CHAPTER

The Magic Line in the Sand

More than 70% of prospective home buyers told researchers that they were not willing to accept the mortgage rate above 5.5%. Duncan: "If we get into the five that is a psychological hurdle for people" He was buying in 2007 as home prices were crashing and his house price kept going down.

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