Why Is the US Not Experiencing the Price Declines Seen in Other Countries?

Econ & Housing

A unique mortgage system may make the U.S. more resilient to price decreases Quick Takes: As of November 22, 2022, other countries are experiencing post-boom corrections that are more pronounced than in the U.S.During the pandemic, there was an unprecedented boom in real estate worldwide.The 30-year fixed-rate mortgage is a unique product of the U.S….

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