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re: the big short

Posted on 12/4/16 at 2:01 pm to
Posted by athenslife101
Member since Feb 2013
18552 posts
Posted on 12/4/16 at 2:01 pm to
Well, I'm sure that how mortgage backed securities are used is extremely regulated. I wouldn't be as worried for a financial crisis as I would a real estate bubble burst._
Posted by Lake Vegas Tiger
Lake Vegas
Member since Jun 2014
3247 posts
Posted on 12/4/16 at 5:19 pm to
This movie sucked so hard
Posted by t00f
Not where you think I am
Member since Jul 2016
89758 posts
Posted on 12/4/16 at 5:27 pm to
Very good movie that left me shaking my head why all those frickers did not go to prison.
Posted by kingbob
Sorrento, LA
Member since Nov 2010
67006 posts
Posted on 12/4/16 at 5:59 pm to
This is absolutely happening in places like Denver, Nashville, Austin, New Orleans, Portland, San Francisco, Brooklyn, ect. Basically, the housing bubble this time is in rental property, so anywhere you see lots of hipsters, there's probably a housing bubble.
Posted by cjared036
Houston, tx
Member since Dec 2009
9569 posts
Posted on 12/4/16 at 7:11 pm to
I have heard similar things. AirBNB/Homeaway have created markets that have an inflated sense of self.

Cities will begin cracking down too.

Perfect example is Austin. There are attractive neighborhoods where half of the homes are on airbnb part of the year. It can be argued that this is making inconsistent communities.
Posted by Othello
the Neptonian Steel Mines
Member since Aug 2013
22925 posts
Posted on 12/4/16 at 8:15 pm to
quote:

This movie sucked so hard
Posted by Stud Bud
MS But travel all over the country
Member since Sep 2015
6958 posts
Posted on 12/4/16 at 9:19 pm to
Great movie.

Awesome actors. Steve Carrell was great. Wish I could have seen Bale's character more. That guy made a ton of money and proved the doubters wrong.
Posted by McCaigBro69
TigerDroppings Premium Member
Member since Oct 2014
45084 posts
Posted on 12/4/16 at 9:22 pm to
quote:

I prefer Margin Call, but this one was pretty good


I feel like Margin Call is very underrated. I don't know many people IRL who ever saw it.

I wish it was still on Netflix.

The Big short is great as well if you're into movies about the situation.
Posted by BCMCubs
Colorado
Member since Nov 2011
22146 posts
Posted on 12/4/16 at 9:27 pm to
Awesome movie. Wife and I thoroughly enjoyed it.
Posted by iluvdatiger
Baton Rouge, LA
Member since Jan 2004
42829 posts
Posted on 12/4/16 at 10:40 pm to
Yes.
Posted by WinnPtiger
Fort Worth
Member since Mar 2011
23865 posts
Posted on 12/4/16 at 10:53 pm to
quote:

I watched it on a plane and was bored out of my mind If you get bored watching a movie on a plane and would rather just sit there and look out the window, its not a good movie


you're a shill who thinks too highly of your own intelligence. if this was boring for you, it's only because you've mentally ejaculated to so many impossible conspiracy theories that you've dulled your sense of reality
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
421612 posts
Posted on 12/4/16 at 10:53 pm to
this movie brought me back to 2007 when JerseyTiger and Col Hap were calling the fall on the poli board

it led to the money board being created
Posted by Sleeping Tiger
Member since Sep 2013
8488 posts
Posted on 12/5/16 at 12:33 am to
Yes.

And as legit as it seems in terms of exposing the issue, it really doesn't get at the real core of the problem -- still it's a good movie and does expose slightly enough to save it from being a horrifically misleading agenda piece.
Posted by cjared036
Houston, tx
Member since Dec 2009
9569 posts
Posted on 12/5/16 at 10:36 am to
Too Big to Fail is a fun watch as well.
Posted by Pettifogger
Capitol Hill Autonomous Zone
Member since Feb 2012
79117 posts
Posted on 12/5/16 at 11:50 am to
quote:

And as legit as it seems in terms of exposing the issue, it really doesn't get at the real core of the problem -- still it's a good movie and does expose slightly enough to save it from being a horrifically misleading agenda piece.



I don't know the full extent of what you're saying here, but I think I might agree.

It's an honest but one-sided account of the crisis. It's informative and entertaining. I liked it. I think Too Big to Fail is a better historical dramatization (they're not really doing the same thing), and Big Short is a better "explainer" movie for most people.

But, it does take the same general "banks bad, rating agencies bad, public largely innocent" tone that nearly every MSM discussion of the crisis takes. So that sucks, and it could have been a home run had Michael Lewis used his book to indict American homeowner/consumer recklessness as well.
Posted by timbo
Red Stick, La.
Member since Dec 2011
7299 posts
Posted on 12/5/16 at 11:58 am to
I liked it a lot. But at the end of the movie, you'll be pissed off that nothing really happened to the assholes who nearly destroyed the world economy coming up with all this silly shite. Like there ain't enough money to be made just selling houses to people with halfway decent credit.
Posted by Pettifogger
Capitol Hill Autonomous Zone
Member since Feb 2012
79117 posts
Posted on 12/5/16 at 4:43 pm to
quote:

I liked it a lot. But at the end of the movie, you'll be pissed off that nothing really happened to the assholes who nearly destroyed the world economy coming up with all this silly shite. Like there ain't enough money to be made just selling houses to people with halfway decent credit.



Possible. If you've seen the crisis from different perspectives, you also may be pissed that it falls into the trap of portraying the disaster largely as a mutually exclusive situation with bad guys (banks) and victims (homeowners, investors). Which of course doesn't tell the whole story.
Posted by Peazey
Metry
Member since Apr 2012
25418 posts
Posted on 12/5/16 at 4:49 pm to
quote:

to indict American homeowner/consumer recklessness as well.



It does sort of touch on this to some extent when it shows the dumb decisions that the strippers are making right?
Posted by Supravol22
Member since Jan 2011
14411 posts
Posted on 12/5/16 at 4:55 pm to
Yes, it's great
Posted by timbo
Red Stick, La.
Member since Dec 2011
7299 posts
Posted on 12/5/16 at 5:02 pm to
quote:


It does sort of touch on this to some extent when it shows the dumb decisions that the strippers are making right?


And those douchebag Realtors who probably couldn't even spell "real estate" but were raking in the dough selling houses to people who couldn't afford them.
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