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Expert: Matt Barrie - Why house prices are the cause of today's cost of living crisis

Equity Mates Investing Podcast

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The Importance of Owning a Home

I think the thing about now, they just, when I watch the movie Big Short again, it just resonates is the rapid reset of those exploding arm mortgages. Right now we've got a rapid reset and it's not a 10% increase, 20% increase. It's 200, 300% plus the reset of your mortgage. And people like to feel wealthy when they borrow money. They own less property. Will they die in the bank homes? And a mile change interest rate and you're gone, right? You know, yes, there was extreme leverage in 2017 when I read that but now you'vegot a rapid reset of a major cost and you've got inflation at a rate

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