This NY Times story has massive implications..
Things to think about:
My security vs Greg's security
Possible Opps
What about all the people whose ARMs are adjusting? What will their pain points be?
What about immigrant money and opportunities there?
Pooling people together to buy the same business? Prosper.com?
Dry cleaning delivery biz.. would I even spend my money on that?
Think you might see a bigger shift of housing price decline with higher monthly/less disopable?
Might crush many homebuilders and their labor pool.
Spend $ on lakehouse??
Cash needs to be put to work. In and out of something in less than a year..
Will people sell more things?
Independence Days
13 years ago
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