bmarum – which jobs guarantee 50% salary increases in the next 3 years?
All you need is 30,000 motivated sellers to lower the prices for the other 1 million homeowners. We have 30K sales/year, and these sales set the price for the other homes. We’ve got 80% of mortgages last year taken as “liar’s loans” and “suicide loans”, so named because they were taken by people who use them as affordability, not financial planning products. I am curious why this bothers you so much. I did not create this situation. I am just analyzing and reporting what I see. Why don’t you sell it if you are worried?
I must say, I am always surprised when people get in a huff about my analysis. If you disagree, give me your data. Getting mad at me doesn’t change the looming ARM reset problem, which is widely covered now in the media.
