In June 2005, mortgage rates were at 40-year lows, and risk premiums on mortgage securities were at all-time lows. Once the BANKS migrated to the subprime area, there was little ELSE that COULD be done to send housing prices higher.

Author - Michael Burry


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Posted on 06 Oct 2024, this text provides information on All-Time related to Michael Burry. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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