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We’re Not In A Real Estate Bubble….It’s far worse than that – Rent prices have had the largest gain in nearly 15 years
June 26, 2021/
What if the newly-redefined value of shelter is the maximum amount of annual rent that can be extracted per unit of housing?
The first day of real estate college, our professor made a joke:
“Mortgage comes from two Latin root words: Mort meaning death, and gage meaning grip.”
It’s not a funny joke.
It’s actually quite sobering.
A mortgage is a death grip.
