4 ms·
In general people pay their mortgages. Just because a financial crisis has happened around it once doesn’t mean the asset class is inherently bad. It’s more reg
by zenlikethat 4y ago
In general people pay their mortgages. Just because a financial crisis has happened around it once doesn’t mean the asset class is inherently bad. It’s more regulated than ever, the problem was rising interest rates and not being able to keep their head above water with the position.
- bdangubic 4y ago“in general” is not good enough when you are pouring in $80bn mate. would you mortgage (no pun intended) your family’s entire financial health on something that works “in general”?