Did PPP Fraud Spike the Housing Market?
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Who's to blame for inflated housing prices? It might just be pandemic fraudsters.
New research suggests that fraud related to pandemic-era Paycheck Protection Program was so widespread that it spiked housing prices, according to a new study released on Thursday by researchers at the University of Texas McCombs School of Business. That may just explain your new neighbor in the fancy house down the street who vaguely refers to themselves as an entrepreneur.
Source Fool.com
