LibraryScenariosWhy Getting Mortgage Approval Doesn't Guarantee Access to Housing
Scenario

Why Getting Mortgage Approval Doesn't Guarantee Access to Housing

I finally got approved for a mortgage but the house was sold to a cash buyer before I could even see it.

Zera
Online
The coach is replying

More people experience this than they realize.

What we've seen

Investment capital and wealth concentration have created purchasing mechanisms that exclude even qualified individual buyers from the market.

Ideas that help explain it
Worth thinking about

“Where Are You with Housing — why it's unaffordable and what might change?”

If this sounds familiar, the Library can help you find the bigger picture.