a lot of things don't add up. Like why the property prices are still going up. What gives?
Actually I need to correct my 1st post. I wasn't thinking about it. I was worrying about it.
In normal cycles. U dun masked up the defaults. Now when ppl cannot pay also can swim in condos. How to get a real pic of who will actually defaults eventually. All being masked up. So long deferred means banks no bad debts. Just delayed only but surely got 60-70% will default.