I have no words.. Housing Crash
The Big Short Part 2
Liam Green
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Jose Edwards
I'm looking for a way to put some money to shorting these absolute assclowns
Josiah Anderson
Nathaniel Ward
QRD?
Kevin Powell
>inb4 its just a gully
Carter Wilson
Elijah Reed
>talks about number of rentals and total value
>cash flow from rentals not mentioned
>debt amount and type not mentioned
Really activates the almonds.
Jace Scott
Who loaned these people money? How did they get this level of access to capital?
Landon Fisher
for me, its ben mallah
Jace Williams
They are using collateral from inventors and seller financed. They are doing a really shitty deals that are leveraged to the moon. It's creative financing that will blow up in their face with house vales plummet.
Adam Phillips
But real estate only goes up.
Jonathan Harris
They leverage one house to buy another
Evan Robinson
lmao what is this wizardry? Do banks not check when you use a home as collateral when you don't actually own that home?
Ethan Richardson
Um, sweetie, there will be no crash. See pic related.
Luis Ross
FAZ
DRV
Nathan Nguyen
these guys don't use banks
Gabriel Parker
Almonds you say?
Jaxson Hill
What a fag haircut
Ryan Martinez
until it goes down
Andrew James
doesn't mean anything tho, literally everyone is on a fixed-rate mortgage now: no ARMs, no sketchy traunching, and no more no-doc liar loans. the crash won't cause a crisis.
Aaron Morris
What are the margins of being an absentee land lord for apartment units worth 100k each..
Eli Lewis
>FAZ
>financial bear