This has happened a few times over the years. This case is just being publicized now because it works well with the MSM Doom and Gloom Real Estate Fiasco.
Not saying it’s not a problem, but it has happened before.
Then I may be over-reacting? Yeah, that is possible.
It just hit me as I was typing that last line that this may be more of a problem this time simply becuase we never had this sort of real estate financing climate before. This means new stresses, the results of which are unpredictable.
But yeah, it will probably be fairly isolated.