When the 'great financial crisis' of 2008/09 began, the percentage of sub-prime mortgage loans was 43%.
Weโre currently at 65%.
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When the 'great financial crisis' of 2008/09 began, the percentage of sub-prime mortgage loans was 43%.
Weโre currently at 65%.
๐ฅด

What the ๐
Probably nothing.
Wait... Theyre still taking out subprime bullshit? We never learn.
The difference this time around is that most homes are held by corporations and not people. They will burn the country before taking a loss.
Is it wrong to wish for a financial crisis just to get a cheap home?
And of course a clean start/reset to a true free market economy. But mostly the cheam house hehe
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Ouch ๐ค
Pretty sure we have been in a financial crisis for several years now. You just noticing?