The lower class that Cats 4th of july flag shirt making 20 to 40 thousand a year can’t afford a million dollar home. SmhBut when do we stop fixing stupid for those who insist on getting in over their head. Those buyers are in trouble if they go to sell 7 or 10 years into the future.
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They didn’t inflat it for what people are doing to most houses on the Cats 4th of july flag shirt These people maybe making bad investments as they are paying inflated prices however they’re not at inherent risk of default which was the problem before you are so right. I agree with you so true I was thinking same Don’t they realize the trickle effect buying over the asking price is not a good idea it’s not really the same as that crisis.Cats 4th of july flag shirt, hoodie, sweater and long sleeve
They may or may not be underwater in a few years but they’ll still be qualified to pay their mortgage. Before, you had people who were not really qualified getting loans, and getting riskier ARM loans as well. And those who could have paid a normal rate were caught in an escalation trap.
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