This Real Estate Crash is 4x Worse with The Economic Ninja
Financial Heresy
Is There a Real Estate Crash?
Mortgage rates are going from a fixed rate for the first set of years to a much higher variable rate. People simply can't afford that and there's going to be issues, these negative amortization loans. Now we're right back at that spot, but literally at like a three, four X multiple of how much worse it is. That's what actually blows me away with people that can't realize.
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