Quote:
Originally Posted by MAXUM
Not that there is EVER a good reason to tap the equity in one's house, but now especially is playing financial suicide in order to float more debt on historically low interest rates.
Have no sympathy for people that do this kind of stuff and find themselves later on down the line financially ruined as a result. It's not a matter of if - but when.
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That is pretty pessimistic. I happen to disagree. The two factors as mentioned are the virus and election. One election result will not have a negative affect on the real estate and financial market and the other more than likely will. As far as the virus it depends on the quickness of a vaccine and the severity of this current “wave”. The end result is it in my opinion is not inevitable but possible but not probable.
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