Peak Home Buyers Are Underwater And Drowning In Debt! What Is Next?

Peak home buyers in Canada and elsewhere in the world are in trouble! They are drowning in debt and going into negative equity on their homes! Amortizations are going negative some people have depreciation for more than 50 years. The housing bubble has popped and the first leg down in the market has been severe. Now heading into a recession or depression in 2023 what position are they in and what is next?

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