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Zach B
The Plain Bagel
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Comments by "Zach B" (@zachb1706) on "The 2008 Financial Crisis - 5 Minute History Lesson" video.
Very early on it explained why morgages are so appealing, because if the buyer defaults on their loan the bank gets the house. This essentially reduces the risk of the investment, so as long as housing prices stayed high enough - these investments offered little risk for the investment banks.
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