Posted on Apr 6, 2023

A hidden time bomb? A 'Big Short' investor sees financial disaster brewing in housing markets

2.75K

"Burt said DeltaTerra Capital’s research suggests that 20% of U.S. homes have “meaningful exposure” to a mispricing issue because of flood risk. If realized, he warned the fallout could resemble the extraordinary correction seen during the global financial crisis."

A hidden time bomb? A 'Big Short' investor sees financial disaster brewing in housing markets

Posted from cnbc.com

Posted in these groups: Arctic ice nasa goddard flickr

Climate Change Header

Housing

Real Estate 2d31f674

Natural Disaster

Posted >1 y ago

Responses: 1

SrA Ronald Moore

Posted >1 y ago

The rent is about to go up against, I dread, , no less than $1000.00 without water and electric, Milk crates,cardboard, Magic marker cost will rise too !

(0)

Comment

(0)

A hidden time bomb? A 'Big Short' investor sees financial disaster brewing in housing markets

A hidden time bomb? A 'Big Short' investor sees financial disaster brewing in housing markets

Join nearly 2 million former and current members of the US military, just like you.