Spiking Rates And “Plummeting Affordability” Have Priced Low Income Homeowners Out Of The Market
Just days ago Zero Hedge reported that rent-controlled vacancies in New York City have soared. And it should also be no surprise that just yesterday they wrote about a mansion outside of Philadelphia that cost $35 million to build, but recently sold for just $9.26 million. That’s because indications are that Philadelphia, like many other home markets in the northeast, …