BREAKING: Over 6M Americans Are Behind on Their Mortgage Payments — The Highest in History.
Discussion
This is fine, nothing to see here...
We're getting to the point where people just stop paying their debts. The banks are incapable of doing anything about it. I would bet 10% of people don't even file taxes.
2008 was the preview, 2025 is the main feature. The fiat treadmill broke, the hamster’s dead, and the banks are still charging rent on the wheel. Time to exit the debt spiral—opt out with Bitcoin.
It might be one of the alarm smokes, but this other stat on single family is pretty non-concerning, though.
Would love to have Bloom term— but not for whatever the license is ($20k or whatever it is).
That's multifamily. Single family numbers aren't historically bad.
I don't look at these sorts of numbers a lot, so I'm not sure what that means. Rental units are doing poorly? I believe that. Affordability slowly getting out of reach for people that already lost the ability to afford a home.
Seen a few peeps doom posting this.
It’s a weird niche thing - in general americans are still at historically low serious delinquency rates on mortgages.
Economy still potentially fukt tho.
