Posted on Apr 6, 2023

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

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"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

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Posted 2 y ago

Responses: 1

SrA Ronald Moore

Posted 2 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 !

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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

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