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Influencers are predicting housing crash with values falling up to 70%!?

Ken McElroy Show

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Are the Lenders Using Fixed Rate Debt to Build These Homes?

The bigger issue is going to be how many people are going to rent there and cast flow that hole. I would wait and reassess is in the first quarter, after the next three federal reserve meetings, and see where interest strats are at the end of the year. A builder has floating rate debt. In other words, a lender will not lend on something that doesn't exist. So when you when you have land, there's no physical structure sa has to be built.

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