Housing Crises and the Great Depression
The 1920s US housing market's dependence on residential investment led to the Great Depression, with mortgage rates, foreclosures, and housing prices plummeting.
The 1920s US housing market's dependence on residential investment led to the Great Depression, with mortgage rates, foreclosures, and housing prices plummeting.
Explore the impact of relying on home equity as a safety net in light of shifting economic trends and historical precedents.