Even if the economic system slows dramatically in 2024, for example, and if unemployment rises, none of those different components are true. Unemployed owners who not can make their mortgage cost can simply promote their house in a number of weeks. As a end result, it is unlikely that we’ll see any flood of distressed sellers or foreclosures in 2024. Housing crisis resulted from predatory subprime lending, excessive levels of client debt, unemployment, market deregulation and plummeting house costs. These components led to a housing market collapse in most elements of the country by which householders, unable to make their…