Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 9 years ago,

User Stats

1,284
Posts
231
Votes
Scott W.
  • Real Estate Investor
  • chicago, IL
231
Votes |
1,284
Posts

the big short ending warning

Scott W.
  • Real Estate Investor
  • chicago, IL
Posted

They warn of the next synthetic CDO. I forgot the name but it's basically rebranded. 

I have some really crappy lending on auto loans. I know someone repoed recently on a car and the loan had 17% interest! I've heard defaults are increasing.

I realize these are not mortgages so cant hurt us as much but this is just an example of the terrible lending going on. If this exists in other loan products then the movie's prediction could have some merit. College student loans come to mind as well. 

What do you think ?

Loading replies...