Except the housing and equity market risks are correlated, so in the scenario where the housing market goes south you can't sell the house or use your equity wealth to clear the mortgage liabili… (View Post)

Most people who have been educated to a level that involves critical thinking and a degree of quantitative awareness think that Brexit is a bad idea, so it's hardly surprising that most people i… (View Post)

Interest only mortgages are nuts. (View Post)

That's just the rule of law. If you want to get rid of that fine but I wouldn't recommend it. (View Post)

Goodwin just isn't thinking structurally about who the 'elite' are. Being an academic, he probably thinks that leftie academics with pride flags in their twitter profile are a part of … (View Post)