Most Brokerages Have Zero Counter-Cyclical Hedge
Notorious ROB
OCTOBER 24, 2022
The market was crazy hot, and both mortgages and home sales were going stratospheric. Sales plummeted. They ended up having to fire sale their investment properties, sell their vacation home, and suffered enormously for years. And over the past few years, brokerages have done very well with this ancillary-revenue based model.
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