Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

NickB79

(20,371 posts)
3. It will cause a housing collapse the likes of which we've never seen
Sun Sep 26, 2021, 04:32 PM
Sep 2021

Billions of dollars in value wiped out overnight as vulnerable households find themselves uninsurable, and thus unsellable.

It could well kick off another Great Recession.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Latest Discussions»Issue Forums»Environment & Energy»When American Bankers Are...»Reply #3