financial reality

Separating fact from fiction in finance and economics


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  • InLibrisLibertas
    Location : Mill Valley, California, United States

    I'm an independent investor. I make my living from the returns on my investments. I work at home, in the northern part of the San Francisco Bay area. I spent most of my career as an executive in high-tech, although I also spent time in banking. Down to one kid in university now!

Defaults

March 28th, 2007 by reality

nods_0307.JPG

Thanks to the Marin Real Estate Bubble blog, whose owner has in fact received a death threat, presumably from someone who feels that transparency in the property market is not in his interest. The chart is the best depiction I’ve seen that shows the sudden breakdown as the secondary market for sub-prime loans crumbled.

Posted in Real Estate |

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