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Loan Modification

: Mortgage Lender Implode-o-Meter

Overvalued Housing, Bonds, and Stocks

By Implode-Explode Heavy Industries

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" Today, almost everyone uses borrowed money to buy a home. That is the standard, and it is creating the bubble in real estate that must, therefore, collapse. Don't fool yourself into thinking you are "safe" if you own your home debt free. Would you want to own stocks in 1929, just before the crash? No."

Full post as published by Mortgage Lender Implode-o-Meter on July 02, 2009 (boomark / email).

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