Home › Forums › Housing › Getting that 2006 feeling again ……. › ocrenter wrote:The-Shoveler
[quote=ocrenter][quote=The-Shoveler]Meh,
Maybe closer to a 1989 feeling, we are no where near the situation of 2006.
You need crazy loan officers OKing every loan to anyone with a pulse, then you got to let that run a few years to get to 2006.[/quote]
what if the crazy loan officers are in China?[/quote]
…something like this?
Chinese investors lost $1.2 billion in the country’s wild west online lending industry
http://finance.yahoo.com/news/chinese-investors-lost-1-2-093727318.html