SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tom Gordon who wrote (261)8/18/2001 10:55:29 AM
From: Ramsey SuRead Replies (1) of 306849
 
Tom,

would appreciate knowing where you got the $500B bad loan number from.

Just also want to suggest that in the real estate lending arena, bad loan does not equal total loss. During the S&L fiasco of the early 1990s, the collapse of that entire industry ultimately cost taxpayers around $500B (if I remember correctly).

Furthermore, the industry has wised up and much of the loan portfolios these days had been passed through as mortgage backed securities to the suckers (ma and pa investors who believe they are the safest investments).

I am in total agreement that real estate is a cyclical business and we are heading for the down cycle. I am just suggesting that the weakest links may not be where we expect.

Ramsey
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News