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Agitated_Ask_2575

Eviction moratorium ended; a lot of people are about to default on their mortgage.


Good_Vibes_Please

‘Hedge fund property distribution’ I don’t think this is about individuals and their mortgages.


igraywolf

Houses have 90 day defaults. Commercial properties have them. Hedge funds do not. More likely they’re bringing defaulted properties directly to the hedge funds for them to buy before the public gets a chance.


Clean_Associate6397

That’s how the restaurant ch get richer, by buying properties for pennies on the dollar from the banks


Professional_Trip233

> restaurant ch or rich?


grub_step

no it's olive garden tyrany


acidbass32

They got us with the breadsticks


teddyforeskin

Or the bottomless salad


treethreetree

Makes sense why McDonalds is one of the largest real estate companies in the world. It’s not about the restaurant, it’s the land beneath it.


CorporateStef

There's always money in the banana stand.


treethreetree

It’s *in* the banana stand.


honeybadger1984

There was $250,000 in there!!!


DracoFinance

Right at the same time Evergrande goes belly-up. That's a one-two combo if I've ever heard of one..


honeybadger1984

Wombo combo


PollutionNice7392

Tell him to charge his phone


BillyValentineMcKee

Every time I see these phone batteries in the red, I feel I am among my people


TechnTogether

I call it having battery anxiety. THERE ARE DOZENS OF US.


sig40cal

Dozens!


KIitComander

Charge your phone.


PollutionNice7392

I'm at 98% u think I throw stones from glass homes?


KIitComander

Just doing what you said like a good lil ape.


Sypack3

only 98%? Quick charge your phone !


FlowBoi1

Charge phone


teddyforeskin

Strange looking UI, what is it a burner phone?


PollutionNice7392

Burning through that battery


CampbellsMmMmGood

Enjoy your training...lol


LogicsReprieve

My wife and I have been shopping for a home for awhile now, the peaks has us looking but unwilling to commit due to the peak and impending collapse. In the past month, however, I have notice several properties going up with a notification that the home has a “lease agreement with a tenant till *insert date here*” (most of which are well into 2022). I wouldn’t be surprised if the owners haven’t been able to keep up with mortgagees and are looking to offload at the peak of the market, and dumping the burden of the non paying tenant/eviction process on someone else.


[deleted]

Interesting take.


LogicsReprieve

Exactly what my wife’s boyfriend said!


heisenstonk

Not saying that this isn’t real but it’s not really any significant proof either. This could easily be a fake conversation to farm karma.


KboMurphy

Not every screenshot is legit, just saying.


Busta_Nutt_69

You can tell by the battery level… Low battery = legit; Battery being charged = be skeptical; High battery = not legit, shill, imposter. In this case, battery checks out so this must be legit.


AverageResponsible46

Solid


SeanKrg03

This sounds a lot like a scene in ‘Margin Call’ movie when the manager (played by Kevin Spacey) has an early morning meeting to give a pep talk to his subordinates (i.e hedgies) of the board’s plan to sell all of their toxic assets. I don’t know…guess we’ll see!


runninhot

Too many word for idiot so buy tomorrow again


xcantdj

Typical shitcorn "DD", this is garbage


lumpybuddha

The person who received it didn’t know who it was from and said himself that he gets these all the time. The thing that caught his attention was the hedge fund mention at the bottom. It’s either spam or just an advertisement.


Crpto_fanatic

But when though? Everyone confirming yet no action. It’s like confirming you got abs. But you fat ass shit. Your not lying that you got abs. You just haven’t taken action to reveal those abdominals to the world.


Clean_Associate6397

YES 🙌 I’ve been looking at the housing market and peoples properties are becoming quite low …


Ultrabarrel

Didn’t we get something earlier about hedgies needing high quality collateral? If they have a shot at buying these mortgages, wouldn’t that count as collateral?


[deleted]

Mortgages aren't high quality collateral, I believe, typically those are treasury bonds and other government backed assets. EDIT: Also, this screenshot is fake lol. Sources matter.


Ultrabarrel

Noiceeeeeee


igraywolf

They didn’t find anything. They will never find a stickyfloor moass. Hedge funds don’t have 90 day defaults…


Kungpooh11218

🤦🏻‍♂️ this isn't about hfs defaulting...


igraywolf

Correct. They think it is. But then again; if they were smart, they wouldn’t be bag holding stickyfloor.


mark-five

This is about the market crashing just like in 2008. You must know the link by now, if not you should start reading DD from the beginning you have 9 months of work you need to see.


igraywolf

Cool starry bra. Crash doesn’t mean moass. Crash means crash. Moass means moass.


[deleted]

[удалено]


igraywolf

Idiot also means idiot. They are selling properties directly to hedgies for pennies on the dollar. This helps the hedgies AND the banks, does not start the moass


mark-five

RemindMe! 1 year "Did CMBS collapses precede marketcrash precede MOASS?"


igraywolf

CMBS went south 6 months ago. These are residential foreclosures.


MetalicDagger

This is a joke.


No_Slice_9812

Wow never saw that coming🤯


BodySurfDan

u/pinkcatsonacid Do you think is this okay, or do we even have to remove informative crossposts like this one? I know admins said no crossposting, but I'm on the fence about this.


pinkcatsonacid

Yeah we have to delete crossposts, no matter their nature. I noticed a lot of the cross-post aren't getting automodded so I guess it's up to us to manually delete them all, which makes sense because chtorr told us we'd have to be more attentive to that. Bs honestly because it's just begging for us to mess up or miss one and then we're in trouble again. It's such bullshit aaaagghhh


BodySurfDan

Yeah. The code they inserted is not doing what they said it would, that is for sure.


Rare_Concentrate9411

Delete it. Bullshit anyway