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Housing Under Water ! people loosing it all , Housing Crisis Song - Housing crisis screwing you

483 views · Published 5 February 2018 · 3:09 · Indexed 24 October 2026

Channel: Mike Martins · 2018 · News & Politics

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youtubers it's your boy Mike Martin's here Mike Martin's Channel I wrote a song for you guys from for my from my subscribers and get it out there it's gonna be a good one I'm actually probably gonna make a video for it I think it's got potential to make a video you guys comment below and let me know and it's a housing crisis song I was singing this song today in my head and over and over again and it's just like wow this could be a really good spoof or you know a really good song idea you know so I'm gonna play for you guys and hope I don't get flagged but it is the karaoke version I'm singing over [Music] here goes [Music] you wanna buy it I'm a dated obvious I won't financing let's go to the bank move let's pass this stress test me and you now bring your pay stubs damn I like down the interest rates so sign me up whoa because financing is what I want to here's the situation english-speaking nations nobody's ever paid the way that we do you know my motivation given my reputation please excuse me I don't mean to be rude housing crisis screwing you oh you know housing prices screwing you [Music] know you know housing crisis screwing you you know no housing crisis screwing you know you know this damn inflation if I had some gold or Bitcoin it would be good the realtor's you know if they lie a baby I need the truth here's the situation in english-speaking nations nobody's ever paid the way that we used to do you know my motivation my reputation please excuse me I don't mean to be rude housing crisis screwing you oh you know housing crisis are screwing you oh you know housing crisis screwing you know you know it sounds a crisis ruin you oh you know

Being financially "underwater" means that an individual or entity owes more money than the value of their assets. This can happen in a variety of situations, but it is most commonly used to describe when the outstanding balance on a mortgage is higher than the current market value of the property that the mortgage is for.

For example, if someone purchased a house for $300,000 with a mortgage, but the housing market declines and the value of the house drops to $250,000, the homeowner would be considered "underwater" on their mortgage because they owe more than the property is currently worth.

This can also happen in other areas of personal finance, such as with car loans or credit card debt. If an individual owes more on their car loan than the car is worth, or if they have credit card debt that they cannot afford to pay off, they would be considered "underwater" in those situations as well.

Being underwater can have a significant impact on an individual's financial well-being, as it limits their ability to sell or refinance their property, and can make it more difficult for them to get out of debt. It can also be a sign of financial distress, as it indicates that an individual is struggling to make payments on their debts.

For a business, being underwater can have severe consequences as well. It can mean that it is unable to meet its financial obligations and may have to file for bankruptcy. It can also lead to a loss of investor confidence and a decline in the value of its stock.

In general, being underwater can be a difficult situation to be in and can take a long time to recover from. It requires careful budgeting, planning, and in some cases, professional help to get back on track. It can also be a sign of a larger financial problem and may require addressing underlying issues such as overspending or lack of a savings plan.

Overall, being financially underwater is a term used to describe a situation where an individual or entity owes more money than their assets are worth. It can happen in a variety of situations, but is most commonly associated with mortgages and can have serious consequences for an individual's or business's financial well-being. It requires careful planning and budgeting, as well as addressing any underlying issues, to get back on track.

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