You mean to tell me that RE prices can actually go down? Wow….that’s not what my REALTOR said last year……haha..
Second, they won’t have to pay anything back…they win both ways……deficiency judgments cost too much, take too much time, and then the bank knows they can BK out of it…..
Trust me on this one….it’s all about leverage and what costs the least amount of money to keep the stock price high for the Sovereign Wealth Fund Investors……