We know what happens when the value of the underlying asset falls: this affects the capacity to repay, as the US housing market in 2006-08 vividly illustrated. The housing bubble began to subside from early 2014: totalĀ …
We know what happens when the value of the underlying asset falls: this affects the capacity to repay, as the US housing market in 2006-08 vividly illustrated. The housing bubble began to subside from early 2014: totalĀ …
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