The more people who are out of work for an extended time, the higher the chance they will be forced to foreclose on their homes. That’s especially true if the value of their largest investment, their home, has dropped below what they have borrowed to live in it.
Edit: I remember the OPP guy’s name is Ken Cornell.
Bingo jp, that’s his name. I remember reading about him and his wife. Her father is a bazillionaire so he’s playing with her families money. By now they are probably only 1/2 bazillionaires but I think he can stay irrational as long as he wants/needs to.
Bingo jp, that’s his name. I remember reading about him and his wife. Her father is a bazillionaire so he’s playing with her families money. By now they are probably only 1/2 bazillionaires but I think he can stay irrational as long as he wants/needs to.
Bingo jp, that’s his name. I remember reading about him and his wife. Her father is a bazillionaire so he’s playing with her families money. By now they are probably only 1/2 bazillionaires but I think he can stay irrational as long as he wants/needs to.
Bingo jp, that’s his name. I remember reading about him and his wife. Her father is a bazillionaire so he’s playing with her families money. By now they are probably only 1/2 bazillionaires but I think he can stay irrational as long as he wants/needs to.
Bingo jp, that’s his name. I remember reading about him and his wife. Her father is a bazillionaire so he’s playing with her families money. By now they are probably only 1/2 bazillionaires but I think he can stay irrational as long as he wants/needs to.
12% underwater is pretty high if you think housing is headed south. That is because the market is made at the margins. Since PB has not dropped significantly, that 12% is pretty meaningful. As prices decline, even minimally, that number goes up, forcing the spiral to reinforce. However, if that area remains stable, perhaps the overhank could be worked off. I just don’t think that is realistic.
12% underwater is pretty high if you think housing is headed south. That is because the market is made at the margins. Since PB has not dropped significantly, that 12% is pretty meaningful. As prices decline, even minimally, that number goes up, forcing the spiral to reinforce. However, if that area remains stable, perhaps the overhank could be worked off. I just don’t think that is realistic.
12% underwater is pretty high if you think housing is headed south. That is because the market is made at the margins. Since PB has not dropped significantly, that 12% is pretty meaningful. As prices decline, even minimally, that number goes up, forcing the spiral to reinforce. However, if that area remains stable, perhaps the overhank could be worked off. I just don’t think that is realistic.
12% underwater is pretty high if you think housing is headed south. That is because the market is made at the margins. Since PB has not dropped significantly, that 12% is pretty meaningful. As prices decline, even minimally, that number goes up, forcing the spiral to reinforce. However, if that area remains stable, perhaps the overhank could be worked off. I just don’t think that is realistic.
