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Home Foreclosures are Surging. Repeat of 2008 Mortgage Bust Coming? | Nick Gerli & Amy Nixon

Wealthion - Be Financially Resilient

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The Low Interest Rate Policies That Drived People to Take Their Capital and Seek Yield

Low interest rate policies drove people to take their capital and seek yield. In 2008, it was flippers who just bought three homes to sit on and flip. And in 2022, 2023, it's short term rental operators that are hoping to rent out these properties. When they discover they can't find a tenant who could afford the property, they're going to dump these things on the market.

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