Irish mortgage arrears (and other countries)

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This topic contains 3 replies, has 4 voices, and was last updated by Profile photo of angie angie 3 years, 8 months ago.

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  • #57383
    Profile photo of DBMarcos99
    DBMarcos99
    Participant

    http://www.ritholtz.com/blog/2013/04/the-most-insane-chart-ever-irish-mortgage-arrears/

    Is that Spanish figure right – appears to have peaked in 2009 (although coming up again) ???

  • #116630
    Profile photo of Anonymous
    Anonymous
    Participant

    As mentioned. Ireland is putting their numbers on the table where as the numbers for Spain is hidden somewhere.

  • #116633
    Profile photo of Anonymous
    Anonymous
    Participant

    That graph is total fiction.

    Interpreting it another way it’s saying 2 out of every 100 mortgages in Spain is in arrears. 2 out of every 100 people are in difficulty!!

    You could add another Zero on the end and it would still be under-reporting.

  • #116641
    Profile photo of angie
    angie
    Spectator

    How anyone can believe that graph beggars belief 😆

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