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Real Estate
Reply to "Wall Street thinks US homes are overvalued by as much as 30+%"
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[quote=Anonymous]Any reason people refuse to read the article posted by OP? The article is about publicly traded companies in the business of renting homes that trade at a 30% discount to the value of the homes they own. Like any real estate company, they borrowed at lower rates and now have to refinance at higher rates. They also have to lease out the homes and they have vacancies which impacts the stock. I guarantee if these companies decided they were just going to sell all their home, the stock prices would jump because they would sell near the market value. [/quote]
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