LIQUIDITY CRISIS IN THE MORTAGE MARKET

[BUMBAY DA DOGG]

Banks are over leveraging again. Pretty much exceeding their capital as to what they have on their balance sheets. In order to compensate, they have to make more loans and they're bottom feeding for more approvals.

Desperate millenials are driving the prices down in order to become first time buyers and banks are capitalizing on the FOMO (Fear of missing out).

For you, the consumer, you can EASILY get approved right now for a loan because the banks, don't care about anything but the short term gain.

But make no mistake, when that interest rate kicks back in or that teaser rate runs out and you default, you will lose that property or pay an exorbitant amount to keep it.

So is the best time to purchase a property? Initially yes but in the long term, absolutely not, unless you can handle the stress that'll come when this bubble pops.

But if you don't have the capital to ride the waves, (which most people don't), i'd cool out for a bit and let it pass.

Peace BROTHER,

Thanks!

That input great!

It really add some

It’s coming it’s really coming thanks Republicans

YOU ARE ABSOLUTELY WRONG!

THE ENTIRE IDEA OF A FIAT BANKING SYSTEM SET THIS IN MODE BEFORE YOU OR I WERE BORN.

HAVE SOMEONE OTHER THAN YOUR GOVERNMENT CONTROL THE MONETARY SYSTEM IS JUST ADDED FUEL ON THE FIRE.

ALL THOSE QUARTERS/YEARS OF QUANTITATIVE EASING WERE A FUEL SOURCE AND O2 ON AN ECONOMIC INFERNO.

THIS HAS HAPPEN ALL DOWN THROUGH HISTORY FIAT MONETARY SYSTEM ALL SELF DESTRUCT, BECAUSE OF THE UN-RE-PAYABLE DEBT.

 

[BUMBAY DA DOGG]

And that's the right mentale to have absolutely.

The thing is, there aren't any real corrections being made to when these bubbles appear. They're simply opportune moments for people to make their money and cash out before it pops. You think 08 would've taught us lesson but they never do. So getting it while it's hot is the key.

There's a bunch of creative ways to capitalize off this stuff. Just need to find the gaps that need to be filled once the smoke clears. I have my hand in a small remodeling company and business has been good. All these foreclosed homes need refinishing and remodeling so it's not a bad gig.

Banks also need companies to clear out homes before remodelers come in and there are dedicated companies that removes trash, unwanted items, even drywall at the banks expense.

BROTHER CANDLE,

YOUR CONTRIBUTIONS ARE REALLY TAKING THIS THREAD TO A GOOD PLACE!

 

[Mrfreddygoodbud]

well of course something is gonna happen, nobody but these bankers in check when in first happend..

nobody went to jail they all kept their ill gotten profits..

and was given the ok to do it again... bankers run this fuckin country..

but there is a way to make some big money off this shit... if you can predict when its gonna come..

like that movie the big short.. we need to come together and bet against the market...

 

[badboyyawdie]

I survived last housing market and got another since then. I’m ready.

 

[DJCandle]

BROTHER CANDLE,

YOUR CONTRIBUTIONS ARE REALLY TAKING THIS THREAD TO A GOOD PLACE!

Anything to lift us up man. We gotta look out for each other.

 

[DJCandle]

well of course something is gonna happen, nobody but these bankers in check when in first happend..

nobody went to jail they all kept their ill gotten profits..

and was given the ok to do it again... bankers run this fuckin country..

but there is a way to make some big money off this shit... if you can predict when its gonna come..

like that movie the big short.. we need to come together and bet against the market...

I'm still waiting for my Michael Burry moment... just gotta get that math right lol

 

[easy_b]

well of course something is gonna happen, nobody but these bankers in check when in first happend..

nobody went to jail they all kept their ill gotten profits..

and was given the ok to do it again... bankers run this fuckin country..

but there is a way to make some big money off this shit... if you can predict when its gonna come..

like that movie the big short.. we need to come together and bet against the market...

but trump is the x-factor if he is still in office he can make things most worst

 

[Mrfreddygoodbud]

but trump is the x-factor if he is still in office he can make things most worst

Lol Trump is the fuck yall I'm for myself factor..

He is cleaning the fuck up.....

Just the other day he was like fuck peace talks
.how about some Trump hotels in North korea..

Dude is a pimp just like his grandfather

 

[blackbull1970]

When the bubble burst, it’s gonna be interesting to see how Congress and the President are gonna sell to the American people that a Govt Bank Bailout is gonna he needed.

Mofos were pissed as fuck when Bush bailed out the banks with that TARP. It was one of the reasons the Tea Party was formed.

Mofos were like, Let The Banks Fail!!!!

 

[DJCandle]

When the bubble burst, it’s gonna be interesting to see how Congress and the President are gonna sell to the American people that a Govt Bank Bailout is gonna he needed.

Mofos were pissed as fuck when Bush bailed out the banks with that TARP. It was one of the reasons the Tea Party was formed.

Mofos were like, Let The Banks Fail!!!!

This would never happen.

You know, folks (Tea Party Folks in particular) talk a strong game but if the banks were to actually fail, it would be catastrophic to western civilization and people just aren't ready for that the way they think they are.

The Stone Age would commence where folks would be washing clothes in buckets, boiling water out by an empty pool in their backyards and using every available plot of land to grow something. It would be anarchy.

This society is simply too lucrative for the powers that be to let a run on any bank happen.

But most telling is that the people would actually bail them out again and again in order to maintain the status quo.

When President Lyndon B. Johnson said, "If you can convince the lowest white man he's better than the best colored man, he won't notice you're picking his pocket. Hell, give him somebody to look down on, and he'll empty his pockets for you."

He was onto something. Race aside, most folks will defend this system because it suits their comfort.