Home Foreclosures Are Surging As Housing Market Turns

·12 min·1 clip

Banks are pushing 40-year mortgages that will make you pay for your house three to four times over.

The episode analyzes surging home foreclosures and credit card delinquencies, linking them to economic pressures like rising interest rates and the end of pandemic assistance. It warns of a housing market downturn worse than 2008, driven by shadow inventory and venture capital collapse, while offering insights on consumer financial health.

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