How come no talk of the 2nd wave of mortgage resets (ie. option ARMs) in 2009-2012?!?

[hpi]

Japan’s case is a quite different actually. Seniors consist of a bigger and bigger faction of the population. The domestic spending was shrinking because more people relies on the pension … that’s why Japanese gov lowered the interest rate to boost the spending. Japanese use those cheap money to invest on US, Europe and East Asia’s stock market to make profit, which sort of compensates the loss in real estate. But the purpose of lowering interest rate is not to save the price of RE.

[kewp]

Didn’t Japan lower their rate almost to zero and it didn’t help them? I don’t know the details of how similar we are to what they went through, but I see some resemblance.

That they did and no it didn’t help. They had 12 years of falling RE prices. It’s really a shift in perception, once buyers realize RE is over-sold there is a paradigm shift in pricing.

Something that is *very* different over there is they have no social concept of debt-defaults (other than suicide). There are a great many people there still locked into crazy mortgages from the pre-bust years.

The ‘walk-away’ effect should cause prices to correct much faster here.

[kewp]

Didn’t Japan lower their rate almost to zero and it didn’t help them? I don’t know the details of how similar we are to what they went through, but I see some resemblance.

That they did and no it didn’t help. They had 12 years of falling RE prices. It’s really a shift in perception, once buyers realize RE is over-sold there is a paradigm shift in pricing.

Something that is *very* different over there is they have no social concept of debt-defaults (other than suicide). There are a great many people there still locked into crazy mortgages from the pre-bust years.

The ‘walk-away’ effect should cause prices to correct much faster here.

[kewp]

Didn’t Japan lower their rate almost to zero and it didn’t help them? I don’t know the details of how similar we are to what they went through, but I see some resemblance.

That they did and no it didn’t help. They had 12 years of falling RE prices. It’s really a shift in perception, once buyers realize RE is over-sold there is a paradigm shift in pricing.

Something that is *very* different over there is they have no social concept of debt-defaults (other than suicide). There are a great many people there still locked into crazy mortgages from the pre-bust years.

The ‘walk-away’ effect should cause prices to correct much faster here.

[kewp]

Didn’t Japan lower their rate almost to zero and it didn’t help them? I don’t know the details of how similar we are to what they went through, but I see some resemblance.

That they did and no it didn’t help. They had 12 years of falling RE prices. It’s really a shift in perception, once buyers realize RE is over-sold there is a paradigm shift in pricing.

Something that is *very* different over there is they have no social concept of debt-defaults (other than suicide). There are a great many people there still locked into crazy mortgages from the pre-bust years.

The ‘walk-away’ effect should cause prices to correct much faster here.

[kewp]

Didn’t Japan lower their rate almost to zero and it didn’t help them? I don’t know the details of how similar we are to what they went through, but I see some resemblance.

That they did and no it didn’t help. They had 12 years of falling RE prices. It’s really a shift in perception, once buyers realize RE is over-sold there is a paradigm shift in pricing.

Something that is *very* different over there is they have no social concept of debt-defaults (other than suicide). There are a great many people there still locked into crazy mortgages from the pre-bust years.

The ‘walk-away’ effect should cause prices to correct much faster here.

[Anonymous]

Good Post

I would like to hear your opinions on these upcoming mortgage resets nowadays on my article where I have the bullish cases and bearish:

http://www.nakedhedgefund.com/finance/next-crash-does-the-infamous-mortgage-reset-chart-matter/

Thanks in Advance

[Anonymous]

Good Post

I would like to hear your opinions on these upcoming mortgage resets nowadays on my article where I have the bullish cases and bearish:

http://www.nakedhedgefund.com/finance/next-crash-does-the-infamous-mortgage-reset-chart-matter/

Thanks in Advance

[Anonymous]

Good Post

I would like to hear your opinions on these upcoming mortgage resets nowadays on my article where I have the bullish cases and bearish:

http://www.nakedhedgefund.com/finance/next-crash-does-the-infamous-mortgage-reset-chart-matter/

Thanks in Advance

[Anonymous]

Good Post

I would like to hear your opinions on these upcoming mortgage resets nowadays on my article where I have the bullish cases and bearish:

http://www.nakedhedgefund.com/finance/next-crash-does-the-infamous-mortgage-reset-chart-matter/

Thanks in Advance

[Anonymous]

Good Post

I would like to hear your opinions on these upcoming mortgage resets nowadays on my article where I have the bullish cases and bearish:

http://www.nakedhedgefund.com/finance/next-crash-does-the-infamous-mortgage-reset-chart-matter/

Thanks in Advance

[34f3f3f]

The Option ARM reset argument faded into the background, as the recession took the driving seat. Some say lower rates have lessened the effect of resets. However, there has been talk of a large new wave of foreclosures starting this month (April 2009). BTW the Glen Beck video was a classic. Did you see the CIA operative in the corner of the screen with a syringe just as the theory that Treasuries are now full of toxic loans was being hammered home? I felt a distinctive cool breeze blowing in from the East 🙂

[34f3f3f]

The Option ARM reset argument faded into the background, as the recession took the driving seat. Some say lower rates have lessened the effect of resets. However, there has been talk of a large new wave of foreclosures starting this month (April 2009). BTW the Glen Beck video was a classic. Did you see the CIA operative in the corner of the screen with a syringe just as the theory that Treasuries are now full of toxic loans was being hammered home? I felt a distinctive cool breeze blowing in from the East 🙂

[34f3f3f]

The Option ARM reset argument faded into the background, as the recession took the driving seat. Some say lower rates have lessened the effect of resets. However, there has been talk of a large new wave of foreclosures starting this month (April 2009). BTW the Glen Beck video was a classic. Did you see the CIA operative in the corner of the screen with a syringe just as the theory that Treasuries are now full of toxic loans was being hammered home? I felt a distinctive cool breeze blowing in from the East 🙂

[34f3f3f]

The Option ARM reset argument faded into the background, as the recession took the driving seat. Some say lower rates have lessened the effect of resets. However, there has been talk of a large new wave of foreclosures starting this month (April 2009). BTW the Glen Beck video was a classic. Did you see the CIA operative in the corner of the screen with a syringe just as the theory that Treasuries are now full of toxic loans was being hammered home? I felt a distinctive cool breeze blowing in from the East 🙂

[Author]

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