7% of Mortgages in forbearance

[Anonymous No.18861660]

Same level as late 2008. It was 6% before the lockdowns, but they’re certainly going to push it over the edge.

It’s ogre.

https://www.mba.org/2020-press-releases/april/share-of-mortgage-loans-in-forbearance-increases-to-699

[Anonymous No.18861684]

>>18861660
Dear God please let housing crash.

[Anonymous No.18861695]

>>18861660
What does this mean?
Can i short housing and make a lot of money like in the movie The big short?

[Anonymous No.18861701]

>>18861684
Shut up millenial. Think of the boomers

[Anonymous No.18861707]

>>18861684
I hate that everyone calls it a “crash” instead of a “realignment.” I mean yeah, it’s a crash, but it’s also the other thing.

[Anonymous No.18861715]

The fed will kill the dollar before letting the housing or stock market drop.

[Anonymous No.18861719]

>>18861701
Boomers have their houses paid off, it's Gen X who bought all these houses on credit and have no equity in them.

[Anonymous No.18861751]

>>18861660

[Anonymous No.18861792]

>>18861701
Boomers own their houses outright. Unless they planned in selling, how does it hurt them? Millennials are under 35. The average age of a first time home buyer is 32. If it’s a repeat of 2010, young people will be fucked again unless they manage to buy starter homes in that tiny window before they’re bulldozed to make room for a McMansion.

Unless unemployment skyrockets to 32% and no one even has a job lol