why does the real estate market crash with the economy, if landlords and mortgage companies dont usually kick out people as soon as they are not able to pay their rent/mortgage because of the market crash?

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why does the real estate market crash with the economy, if landlords and mortgage companies dont usually kick out people as soon as they are not able to pay their rent/mortgage because of the market crash?

In: Economics

6 Answers

Anonymous 0 Comments

Real estate is often bought as an investment. Without money to invest this buying doesn’t occur. Without these sales the prices drop.

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