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Consumer debt soars to the highest on record, why is this good and bad news for real estate

Consumer debt soars to the highest on record, why is this good and bad news for real estate

by | Nov 21, 2022 | 2023 real estate prediction, Atlanta Hard Money, Atlanta Private Lending, Atlanta real estate trends, CO hard money, Colorado Hard Money, Commercial Lending valuation, credit scoring, Denver Hard Money, Denver private Lending, Georgia hard money, interest rates, mortgage rates, real estate investing, Real Estate Trends, Residential hard money, residential lending valuation

The federal reserve bank of NY recently published a report showing consumer debt jumping to the highest levels ever recorded with every category growing from mortgages, autos, credit cards, lines of credit, etc…  Is some consumer debt better/worse than others for the...