Remember Michael Burry? The Doctor/Investor made famous in the Big Short for seeing the mortgage/debt/real estate problems before others. Here is a reference to him on NPR.
He recently spoke at Vandebilt. Highly recommend it!
I particularly like the use of "teaser rate" as opposed to just "adjustable rate" mortgages.
HT to Simoleon Sense and ValueInvestingWorld. Highly recommend.
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