Irish mortgage arrears (and other countries)

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    • April 3, 2013 at 8:04 pm #57383
      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) ???

    • April 3, 2013 at 9:29 pm #116630
      Anonymous
      Participant

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

    • April 4, 2013 at 8:01 am #116633
      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.

    • April 4, 2013 at 9:56 am #116641
      angie
      Blocked

      How anyone can believe that graph beggars belief 😆

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