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US homeowners have total home equity of $32.7 trillion (and they will take loans out on this temp equity. When the economy crashes all this "equity" will disappear, however the homeowners will still owe the loan amount for more than their house is worth. SMH people just don't know what's coming.)

by /u/The_Everything_B_Mod in /r/the_everything_bubble

Upvotes: 13

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