I love it. You’re a financial and RE investment GENIUS who makes Warren Buffet look like Warren Buffoon when you “time” the RE market perfectly and you’re riding high on a sea of equity making you an instant housing lotto millionaire.
Then the bubble pops.
Reality sets in.
You realize equity is only wealth if you sell.
Now, you’re a helpless victim, “hornswoggled” into a mortgage you didn’t know you couldn’t afford, by some evil greedy bank actually trying to make money. Oh the horror! And now you can’t sell your house to someone else who can’t afford it, and can’t cash in on more money you worked so hard to earn.
Some “professional”.
This country has a lot to learn about responsibility.
