Re: Walk Away From Your House by Jim Cramer
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Investing in sub prime mortgage lenders right now would be beyond retarded.
Real Estate market is going to crash, hard. Take that money and buy forclosure properties.
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Are you shorting them since it's beyond retarded? In other words, is your money where your mouth is?
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until this thread i never put 2 and 2 together on it. shorting them doesn't seem like a bad idea actually. i'll look into it. my efforts on this have been concentrated on foclosure property.
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You might be a touch too late to the dance and if the possibility of going short never occurred to you, perhaps now is not the time to do so.
I love the symmetry; during the bubble every grocery bagger was an amateur flipper, now maybe they'll become foreclosure buyers and stock shorters.
J
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