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Leadership Lessons To Help Your Career Take Flight (with Oscar Munoz)

The Stacking Benjamins Show

00:00

The Housing Crisis

A lot of people don't remember the housing crisis because they were kids, right? I mean, like it was 15 years ago now. And a lot of people have suggested that part of that was because of the lending ease. It was very simple to get money. Our first mortgage was interest only. We moved after 10 years and we had paid down 7,000 of principal on a 430,000 dollar house after $3,000 a month payments for 10 years. The value of our house went down by 50% in the span of 18 months.

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