trippling of interest rates coupled with the stupendous nonsensical property bubble of 2021, that led to 30-40% price rise in housing cost, will see this turn into a bloodbath of distressed borrowers and mortgagee fire sales.
many will be forced to sell and find that their house is worth 20-30% less than the funny money they paid at auction in 2021.
storms a comin!....
WBC Price at posting:
$22.78 Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)