25 July, 05:38
Looking forward to contributing to #TheGreatDefault at this point.
What do you think it will take to get Americans pissed off enough to stop paying their mortgages?
What do you think it will take to get Americans pissed off enough to stop paying their mortgages?
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Q2Infinity 5D Earth
@Patriot_iss
25 July, 09:15
In response Vincent Kennedy⍟ to his Publication
Housing prices drop to 1970s level triggering banks holding mortgages to file for bankruptcy and because the contract states the homeowners are lessees, not owners, the eviction process would be started so the Trustee of the banks can sell off the assets to pay the banks' debts. Homeowners left holding the bag so they will stop paying since they are losing their homes anyway.
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