[quote=sdduuuude]So, NPAs have doubled but I don’t know enough to understand if that means more houses could come on to the market than last year ?
Are you saying that I should assume that even though NPAs havre doubled, that reserves and chargeoffs could be such that these houses don’t make it to inventory ?
I’m not talking about bank stability here. I’m talking about the housing market.[/quote]
What you said was, and I quote, “1.5x all chargeoffs in the last 4 years! Wow. That aint good.”
And my point was that your comment in the absence of other data is meaningless, which it is.
If you had merely said, “Rising NPAs should lead to more houses coming onto the market,” then I would agree you 100%. Just to be clear.
