More Mortgage Deleveraging on the Way?

More Mortgage Deleveraging on the Way?

While property prices have plummeted since 2005, mortgage values have not (yet) followed suit, reports HousingStory.net.

Check out this chart – it’s worth 1000 (debt deflationary) words!

Mortgage Bubble 2010Chart source and commentary courtesy of HousingStory.net

Also a hat tip to fellow deflationist Carson for sending this beauty along!

About Author

Brett

Hi, I’m Brett Owens – and I’m a financial junkie. My “problem” started incollege, when I got a little dose of the stock market – man, was I hooked…in no time, I was reading the Wall Street Journal religously.

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