Responding to a listeners email
I recently had an email exchange with a listener relating to current lending and credit practices. As it turns out, we really don’t agree on much. So, lets share the listeners email, my response and then get into some details on why we are pretty much 180 degrees away from each other on this issue. What it all really boils down turn is that subprime lending is back, ready to cause the same issues it did last time.
We are basically creating the same toxic lending environment that cost us so dearly last time – but this time built around a much weaker economy. Whether you are a buyer, seller, investor or real estate entrepreneur, this is one you won’t want to miss.
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