Home › Forums › Financial Markets/Economics › Is it just me? › JP: Perhaps I need to see
JP: Perhaps I need to see what you are seeing.
What areas are you seeing examples of what you describe and what is your definition of stealth inventory.
A lot of stuff that registers as non-paying is in the middle of HUD-sponsored mods.
I have encountered this several times when mining the NOD’s.
It is pretty unlikely that these ones (again I don’t have numbers on how many) will end up as REOs.
I have seen numbers that suggest consumer debt has slowed or decreased. (eg: http://www.thefreelibrary.com/+THE+GREAT+ADJUSTMENT+IS+WELL+UNDER+WAY-a01611840309)
At an anecdotal level, I am seeing only certain restaurants increase in business.
Specifically those with much lower prices.
I don’t see a lot of people wasting discretionary income but maybe I need to see where you are experiencing this.
