Posted By:
Ted ZanidakisThe number I heard was approx. 1 Million (close enough to your 0.9 Million). And, my understanding is that it was a compilation
of all mortgages (in some cases 1st & others, 2nd) that were in trouble. Considering that Equity Loans in most cases have Adjust-
able rates, that makes sense to me. In fact, I think we can say the majority of these Million troubled ones are all Adjustable's.
I fully agree with your......"Irregardless, on the original question. I can't imagine a market that is more fragile than the high end
card market."
For the most part, I don't collect graded cards at any level. Therefore, if BB card values begin to drop it wont really concern me.
I have never been into this as an investment......just an avid vintage set collector that enjoys the hobby for the sheer love of
Base Ball.
TED Z