The article basically reads “more people who own homes have less than 50% equity”, which I felt was like “no kidding, really?”. What I found was missing was, what total percentage of home owners of the entire U.S. owners are less than 50% equity. That’s what I was curious, but never found. I mean, if the change was from 20% of all u.s. home owners to say 21%, I wouldn’t consider this significant. If however, this changed from 20% to say 60%, well yes that would be significant.
I thought that was exactly what the article was saying. That of ALL US homeowners (not just buyers during this boom), if you take their % equity, then the average would be less than 50%.
Maybe this isn’t “obvious” to the average person who isn’t analyzing the home market…but it’s infuriating the the FR that are supposed to be the money experts, would produce this information now as though to enlighten someone.
Maybe this isn’t “obvious” to the average person who isn’t analyzing the home market…but it’s infuriating the the FR that are supposed to be the money experts, would produce this information now as though to enlighten someone.
Maybe this isn’t “obvious” to the average person who isn’t analyzing the home market…but it’s infuriating the the FR that are supposed to be the money experts, would produce this information now as though to enlighten someone.
Maybe this isn’t “obvious” to the average person who isn’t analyzing the home market…but it’s infuriating the the FR that are supposed to be the money experts, would produce this information now as though to enlighten someone.
