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If people walk away from their mortgages and insurance companies go bust, you get to do 2008 all over again.
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Made by anonymous
5 years ago
in
politics
flooded homes in houston - it's only the beginning
flood
mortgage
insurance
foreclosure
2008
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ORANGE.MAN.BAD
0 ups
, 5y
Did you make that up all by yourself?
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IMAGE DESCRIPTION:
A lot of real estate is massively overpriced. Whether you're in an inland or a coastal flood plain, global warming will wreck the housing market and your investment. Remember the foreclosure crisis?