American Homeowners Are Finally Returning to Positive Equity
Here is a fascinating albeit somewhat confusing chart: Total US residential equity relative to total mortgage debt.
The problem, even misleading part about the chart is some 30% of homes are bought with no mortgage — straight up cash deals.
Category: Real Estate
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.