this post was submitted on 11 May 2026
1090 points (98.7% liked)
me_irl
7631 readers
3774 users here now
All posts need to have the same title: me_irl it is allowed to use an emoji instead of the underscore _
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
After 2007/2008 it became very clear to banks that they need to prepare for the case where people can't make mortgage payments because the economy crashed, and house values have plummeted because nobody's able to buy a house because the economy crashed.