Subprime and Other Mortgage Problems Explained
June 6th, 2009
Funny and entertaining video about how the subprime mortgages work and all the mortgage problems that are haunting the housing markets. It is easy to understand why there is a housing market meltdown.
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Posted in Subprime Mortgages | 
Tags: bubble, burst, crash, explanation of subprime, Foreclosure, housing meltdown, Mortgage Problems, mortgage problems explained, mutual funds, real estate, subprime, subprime explained, subprime lending, subprime mortgage, subprime problems, subprime problems explained
This is STILL a 50% better return than stocks. We could go on to make allowances for closing costs and real estate agents fees but this will be splitting hairs on any long term investment.
NOW – notice that the return on real estate was greater than your stock scenario by over 50% WITHOUT INCLUDING ONE CENT OF RENT OR NET CASH FLOW which could totally neutralize the interest expense or even also yield monthly ‘dividends.’
Sure it is but not for the folks who refinanced their mortgages and used them as ATMs!
I like your video