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worn down
Real Estate Mindset
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Comments by "worn down" (@worndown8280) on "NEW 0% DOWN PAYMENT 100% MORTAGE | 2006 REPEAT" video.
Thats how you know they are scraping the bottom of the barrel. There is no one left to con expect those who are financially inept.
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the Shadow banking system is going to collapse. And its utterly unregulated. So it will be worse than anyone thinks when it does unwind They will need to sell assets to keep from imploding their own positions but the overall economy as well, including real estate. You are very correct that housing will come on the market from them. The question, as always, is when. And considering the Fed is "pausing" I would guess they are close to their breaking point. People dont understand how companies like Blackstone and Blackrock actually make up over 40%, as of 2015, of all lending in the world. God only knows what it is now. This wont just be a US problem. It will be world wide. And it will make 2008 look cute.
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