Asset Whole
Mark-to-market is the single most important issue in housing right now. And it comes down to the question of whether Washington policy is going to be pro-lender or pro-borrower. What anything is worth will be based on what daring money will pay to jump the gun and believe that people will be afraid not to pay more for at some near-term later date.
This is why this conversation is important to everybody in housing–single-family and multifamily. Assets have been leveled. The V in LTV is the grail of the moment.
Have a look.
March 17, 2009 | Filed Under Financial Crisis, Uncategorized
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