The Effect of the Lowest Quality Borrowers on the Housing Market

John Hampton is the co-founder and chief investment officer at Australian-based hedge fund Bronte Cattle. His legendary shots are, whose work shorting Valiant Pharmaceuticals saw him one of the protagonists in an episode of Netflix's Dirty Money Series. In 2016 he toured Western Sydney undercover with friend of the pod and former guest Jonathan Tepper of Variant Perception. Their mission was to investigate mortgage broker techniques, bank underwriting standards, and how easy it was to borrow too much money. John and I discussed the trip, its core hypothesis, and what the two men uncovered. We also discussed the likelihood of an Australian recession in the next two to three years,. thereby bringing this series closer to its