Search results

<p>I am no finance dude, so I have only been following this stuff on the margin. What I read in the Economist, NYT, and WSJ is that basically people (funds and other investors) are getting out of traditional investments. But this money has to go somewhere. A lot of them have been buying gold and...

Whats going on there? I just checked redfin and it looks like the whole town is on sale?

<p>Sorry for my limited knowledge. I often see on that IR mentions individuals with zero or little downpayments "just walk away" and that the bank will have to pay the loss on their property. How does this work? </p> <p>I guess once you can't meet payments anymore you just declare bankcruptcy...