After weathering more than one recession, not to mention
the worst housing crash in history, Myers says he has never seen anything like this.
Think about how much
worse the housing crash would be if you start taking away money from people who owned houses?
Not exact matches
During the
worst days of the
housing crash, 43 percent of Tampa Bay homes were «seriously underwater» — their owners owed at least 25 percent more than the home's value.Figures released today show that just 9.4 percent of homes with mortgages now fi...
Flaherty wished «
bad luck» to any big U.S. hedge funds betting short - selling the Canadian market in the belief the
housing market will
crash, in hopes of making a profit.
REIT's were very popular during the
housing boom (as you might imagine), but then they got a
bad rap after
housing prices
crashed.
After getting burned
badly in the
housing crash, most lenders now check everything on a borrower's loan application.
ME: [LOL] When I bought my
house in L.A., that was the best business decision I ever made, until the
housing market
crashed, and it became the
worst business decision I ever made.
Their settings are also conspicuously out of date, specifically pre — financial
crash: Ben Stiller's character in The Watch is a manager at a Costco in Ohio, and he lives in a giant
house in a suburb — just like everyone in Sex Tape, Neighbors, Ted, and
Bad Moms.
The
housing crash of 2008 left people with a really
bad opinion of the larger banks and they might not want to make them any richer with their mortgage interest.
«
Bad credit» could be an indication that someone's home was affected by the
housing crash, or they lost a job due to downsizing and not because they did anything wrong.
Due to the millions of mortgage loans that went
bad during the
housing crash, big banks have become much more conservative in underwriting, which opens the door for nonbank lenders in the mortgage market.
Without strong US job growth in this growth cycle and driven by rising US consumer debt obligations and a US
housing value bubble, the US then lead the world into another financial or «credit crunch» crisis that was far
worse than the dot com
crash.
Another concern people have — people do really like to think of the
worst case scenarios — is that you lose your job, the boiler explodes, the
house falls down and the markets
crash 50 % all on the same day.
REIT's were very popular during the
housing boom (as you might imagine), but then they got a
bad rap after
housing prices
crashed.
It has experienced the
worst economic downturn since the Great Depression, the
crash of the
housing market, and the proliferation of big - box craft stores.