Monday, July 15, 2024

Steve’s Barking; What net worth?

 Question ? If for the middle class family owning a house is generally considered 40% of their net worth and the middle class family can’t sell their abode at the price that the house is assessed at because no one can  afford the interest rates and has to take a major discount does that mean because of high interest rates the family’s net worth goes down.

 What about the buyer of stocks on margins and the value of the stocks me of their stocks go down does their net worth go down exponentially ? 

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