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Beware The Marginal Buyer, Borrower, And Renter

Authored by Charles Hugh Smith via OfTwoMinds blog, Bubbles always look unstoppable, yet they always burst. When times are good, the impact of the marginal buyer, borrower and renter on the market is often overlooked. By "marginal" I mean buyers, borrowers and renters who have to stretch their finances to the maximum to afford the […]