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This Wealth Destruction 1, Finance and Capital Markets instructional video also includes:
What happens when a homeowner is paying more towards a loan than the house is worth? In a timely examination of the housing bubble (and its inevitable pop), Sal looks at five hypothetical home purchases from 1995 and their notional wealth as demand for homes increases a decade later. Learners are introduced to home equity loans and the realities of foreclosure.
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