This reads like a Rick and Morty plot. aw jeeze.
This reads like a Rick and Morty plot. aw jeeze.
It was very common in text books when showing nested loops
int nWhatTheCount = 0;
for (int i = 0; i < 10; i++) {
for (int j = 0; j < i; j++) {
for (int k = 0; k < j; k++) {
for (int l = 0; l < k; l++) { // and on, and on
nWhatTheCount++;
}
}
}
}
One of the major things that is different is that loans are a lot different from what kicked off the '08 crash. We didn’t see a flood of interest only, 5/1ARM or other exotic lending setups. Yes, there are some out there but they aren’t as large of a slice of the market. Banks have to keep more capital than when WaMU crashed and we even saw some larger regional banks fail this year with only a rather minor impact outside of SV angel investor lending.
This isn’t going to be like '08, There would need to be a major situation to cause house pricing to fall like a depression level downturn or industrial level of house construction destabilizes the market.