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The only people it seems to benefit are the banks. Since they get bailouts all the time.
If people continue to default,how long can the banks hold the shadow inventory?
If people continue to default,how long can the banks hold the shadow inventory?
There is no shadow inventory. Its all a myth perpetuated by jealous housing bears to justify their insane desire to continue renting.
http://ochousingnews.com/news/do-the-benefits-of-shadow-inventory-outweigh-the-costs
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