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Housing market could be thrown into disarray

Por: Newsweek Nation May 11, 2023

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Economists are sounding the alarm on what a debt default would mean for the housing market in the United States, warning that failure to raise the limit on government borrowing could result in a major disruption.On Thursday, Zillow senior economist Jeff Tucker said that if the U.S. defaults, home sales would decline sharply, with deficits of up to 23 percent, and home values could fall 5 percent below the baseline of what's expected should... + full article



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