Late Mortgages Triple In California, Housing Bubble 2.0, Home Prices, Foreclosures, Forbearance! - Must See Video

BULL BOOM – BEAR BUST

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Mortgage meltdown 2020 gets thrown a lifeline by the monopoly bankers as low inventory, payment holidays, foreclosure freezes, low mortgage rates, debt payment delays, and continued lending keep home prices from falling.

I’ll bet mortgage forgiveness will be used as future fed tools. The government is buying up mortgages hand over fist, that’s not by accident.

Its hard to win a game when the Referee is on the opposing team.

If people aren’t paying their mortgage then who is paying their taxes? Will Cities lean on homes?

Man when this bubble pops it’s going to be ugly.

Everything will crash eventually!

Just wait until after the election is over. It is going to go downhill from here.

It will take at least a year until foreclosures are realized in the market!

I predict that people are just going to start squatting on a massive scale and this incompetent government and banks won’t be able to stop it.

My friend rents out a house to three people, childhood friends now in their 30′s living together. They each pay separately which I told my friend is strange. The one who works at Starbucks hasn’t paid since April and just this week the governor said the eviction moratorium is lifted and you can now start evictions. My friend’s management company put an eviction notice on the door and the next day the non-paying renter paid everything up and included July’s payment too. I guess he had the money the entire time. Denver, CO.

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