this post was submitted on 23 Dec 2023
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[–] [email protected] 3 points 1 year ago

So if the housing market crashed like really bad, by say everybody owning multiple homes being suddenly unable to afford the loans for that many homes, what would happen?

The banks would have to repossess the properties. And sell them on the market, but with many homes to sell, the price would come down crashing.

One can dream.