You can't conclude that Nike's shoes are worthless because no one engages with Nike's ads when they are displayed in front of people without any legs.

Quote from @Mitch Davidson: Account Closed: I wouldn't conclude so soon that most of the decrease in demand is due to an increase in competition.

And cheaper was definitely not better in this case.To conclude, just take the time to do your own proper research. 

I was an executive at a software company in Santa Barbara and the area was way too expensive to get any performance out of investments.I did study a lot of different options and realized (for me and my family) that the government is actually supporting investing in residential real estate with a lot of benefits.I first determined what I believe performance really means and concluded that for me, it means I should have some positive cash flow from day 1 after closing (or Day 1 when a tenant moves into the property).It also meant that a good tool to even see if any available deal could work was applying the 1%-rule.

My answer, after 40 plus years making my living investing in real property, mortgage notes, real estate securities, and running real estate funds and syndicating real estate deals is as followsWholesaling any real property types is infinitely harder if you are financially unable to close the purchase and need to “flip” the contract.First, you’ve got time constraints when you can’t or won’t conclude a purchase.  

The prospectus includes legal opinions on a "hypothetical bankruptcy" by CPS that conclude payments on the new bonds would not be automatically stopped by a federal bankruptcy court and that bondholders would retain a lien on the tax revenue.

But I would honestly conclude that delinquencies are a direct consequence of unemployment, so that is in fact causation.

From this information and your comment about agents, can I conclude that you are an agent in Germany?

The application and fee is done for everyone, so my legal staff stays happy, and the investigations and deposits are concluded before access is granted.

The "other structures" were only 10K, while everybody else goes by 10% of the coverage (on 340K coverage of the main structure, you get 34K other structures).The ugly part - much higher deductibles: $5000 general deductible and 3% wind/hail deductible (on a 340K coverage it comes to a whopping $10K+ deductible...makes you understand their "largesse" on unnecessary higher coverage...if they know the rebuilding cost is 250K, they can give you 300K+ because they will not have to pay more than rebuilding cost, but it pushes the deductibles higher).We concluded:1.