Passive - You really know how to embarrass yourself.
Heres a few more charts for you to misinterpret.
This one shows subprime mortgage delinquencies didnt start to rise till after house prices fell (thats not defaulting thats just getting behind on payments)
And this one shows that defaults peaked long after 2006 (when the bubble burst) this is when those houses started to be sold off in mass
You get that in the real world the effects of mass selling on prices happen after it starts, not nearly 2 years before it!!!
