I want to start by saying im not an econ major, I only invest in the salt & pepper 500 and my house I live in is also an asset I guess. Backstory and my general understanding: Back in 2008, the cost of houses were at an all time high. The cost of these houses were due to an increase in capital in the form of bad loans leading up to 2008. Eventually these loans increased their interest rates, since they were variable rate, and it was unaffordable for most people. Then the crash happened sinc
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