Quote:
Originally Posted by Bill Bumface
This feels like $0 down 40 year mortgages all over again. House prices went screaming up, but as soon as they made that move, a future crash was created, and it is just a matter of when.
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zero down 40 year mortgages are irresponsible, but they didn't lead to the crash. Just a small side piece of a much bigger issue.
Who knows what other ####ed up investment banker #### is going on in the background right now though.