acorn,
lol you cant admit your wrong can you.
Subprime loans failing are fine if house prices are not falling as bank gets its money back.
If people were selling significantly more loans than the ones failing in the last couple years then sub prime was creating upword pressure on prices not down.
House prices fell first before subprime was ever a problem!
FACT
- Forums
- Property
- end of the line for the speculative mania