Why do housing prices keep climbing despite higher interest rates?
Because interest rate increases have a propogation time longer than has occured
Of the 52,531 FHA loans last year that went seriously delinquent within their first year, only nine resulted in foreclosure.
These are all low-income shit tier shitboxes that if allowed to foreclose, would put more people underwater. Would destroy low-income r*Tards.
Its fine. We are deporting all the brown people which will drastically increase supply.
youve been able to buy a home under FHA adn then just not make any payments. You can just try to flip it at a higher price if you want. the government has made it so you can't be foreclosed on.
it's literally an interest free loan if you're willing to destroy your credit.
Your figure is 0.0004% of the homes in the united states
if supply goes up even (no browns) even more people are going to go underwater on their mortgages.
That number will have to increase by 4 orders of magnitude for me to care
it's a certain segment of the housing market -- will destroy poor neighborhoods alues.
basically eveyr minority is going to lose thir home in 2026.
Look at auto loan delinquencies if you want fun data
Now imagine auto loan delinquencies 2 years out on new cars with a 25% higher sticker value and the subsequent auto insurance costs/fraud that occurs
does the government pay you car payment under the guise of covid LMAO
We truly are in a golden age
thats what theyre doing for homes
I dont have a car payment
You realize your stat is that 0.06% of FHA loans are delinquent
2008 occured at 8%