Added: 2 years ago
From: MrAlanKendall
Views: 2,321
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  • First of all, you are not displaying graphs with data, just a model. You have also not taken into account the extremely large number of defaults (proportionately) that are and will occur in the next three years. The housing prices may increase ^X over this period of time, but the starting point will likely be less than 50K on average, meaning back to where we were in 2006. This also means more defaults for people who refuse to throw money into their current home (traditional mortgages).

  • what happened from 1987 to 2006

  • I could make a million dollars with only one house with this idea.

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