Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - I can't wait until this real-estate market collapses.......

wpgflamesfan · 02-07-2007, 02:19 PM

If the market ever did colapse so many people would be royally ****ed (i.e. herd some guy talking on the phone about having a 1.2 million dollar morgage). What happens to him when he's stuck with a 1.2 million dollar morgage on a 600 000 house?

02-07-2007, 02:19 PM	#102
wpgflamesfan 3 Wolves Short of 2 Millionth Post Join Date: Nov 2006 Exp:	If the market ever did colapse so many people would be royally ****ed (i.e. herd some guy talking on the phone about having a 1.2 million dollar morgage). What happens to him when he's stuck with a 1.2 million dollar morgage on a 600 000 house?