US government now planning to guarantee second mortgages.
https://open.spotify.com/episode/0qZEuUXtUmDI5OoZFobcRG?si=JFKSRiQ7SgyJGDyckjt-bg
That means 2nd mortgages will become cheap enough to make 3rd mortgages competitive.
This will drive up inflation.
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especially housing costs
Yeah, house prices will now expand to cover three mortgages.
Renters are going to literally starve because of this, but
LFG 🚀
