As long as I live in this great town, I’ll never be short on material.
Some thoughts on this “Crisis” and the 1-10 are in trouble.
You here this a lot, 1 in 10 and you think to yourself, Holy Shit this is not good, but what they do not elaborate or enhance is that about 30% of all homes in the States do not have a Mortgage.
So quick math, 65 mil homes in US, (19.5 mil no mortgage) 45.5 mil with mortgage.
1-10=4.55 mil or 14% total with most in 3 states….our lovely state being one of them.
A big chunk of that is bad investments (if you know me, you know how I hate that home investment word).
We’re in a mess but not all is lost; I found some Black Flip flops…………………
Food for thought.
BTW; sports analogy; statistics are for losers.