Comment on A conundrum
boonhet@sopuli.xyz 10 hours agoThey can’t really ensure a positive worst case scenario. 15% is the minimum down payment where I live unless you use extra collateral, but a home could lose half its value if there’s a major economic downturn.
They’re just mitigating bad scenarios, not anything close to the worst case.
merc@sh.itjust.works 9 hours ago
The worst case scenario is that the Earth is hit by a giant asteroid. At that point what does a little risk hedging in a financial transaction matter?