$$ Mortgage Resets, Real Estate Time Bombs
This is from the UK:

And this is from the US:
In Canada, we will probably have the same but with a bit of a delay.
I squint just thinking about another potential “double dip” in the economy. Lots of people around me are getting that glint of hope in their eyes again, work is starting to pick up. Would hate to see these “green shoots”
destroyed by the second wave of mortgage defaults.
More on this topic
(What's this?)
The 15 Most Profitable Canadian Companies
(Top Foreign Stocks, 7/13/10)
Rich Defaulting on Mortgages At Highest Rate
(naked capitalism, 7/8/10)
PROPERTY FALLS, MORTGAGES STAY THE SAME
(THE PRAGMATIC CAPITALIST, 7/18/10)
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