From a couple years ago re IO mortgages
Of course there are not just real estate crash videos on Youtube
Plenty of other sorts of crashes as well; check out this Smash Up Derby. Those guys are absolutely INSANE.
Nothing to do with RE bubbles of course....though I thought it allegorical
lol...love your style wayne.
I think I/O loans have a place with investment properties in the right climate (at least with Australia's tax rules), but I wouldn't buy a PPoR with one.Originally Posted by wayneL
And that Houston video is taking ages to load.
Another allegorical crash video...
This time airplane crashes.