"Nearly 40% of all mortgages processed in March were for investors – which proves just how much investors are currently driving the market."
should remove refinancing as it doesn't cause any buy demand. then it works out 2/3 of new mortgages are to investors. its been like that since about 99
you can see whats going to happen when the investors go.
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- end of the line for the speculative mania
end of the line for the speculative mania, page-11
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