Guess where it comes from? The housing market. Just wave after wave of great news.
Equity in Americans’ homes falls to historic low (1945)
The equity Americans have in their most important asset – their homes – has dropped to its lowest level since the end of World War II. Homeowners’ portion of equity slipped to from a revised 47.5 percent in the previous quarter. That was the fifth quarter in a row below [...]
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