40 Years In The Deserr: McMansion Set Showing Mortgage Strain

Sunday, January 20, 2008

The real estate collapse is moving from the bottom up, and here we have good evidence that it has begun to hit the McMansion set.

We have people in houses well north of $500K at risk of losing their homes,

Matthew Saroff, Mechanical Engineer, Owings Mills, Maryland, US
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A member of the Democratic wing of the Democratic party, and a fan of Bernie who thinks Neoliberal (DLC/New Dem) trickle down conomics sucks.

Mechanical Engineer with a background in defense, electronics packaging, medical & food equipment, transportation, and manufacturing.

I have two cats, a black cat, and a gray and white long hair cat, who keep me on my toes. (Because he keeps attacking my feet)

I am a Jew and a Zionist, who is married to a woman with exquisitely bad taste in men, and I have two remarkable children with her.