A continuous stream of people who think that they can get something for nothing. My radio is still full of ads on how to get a $500,000 loan for just $1000 / month.
There were many realtors who were trying to counsel people away from these ludicrous loans, but they were typically ignored. Why buy a $200,000 when you can buy a $500,000 house for the same payment. The small print was too difficult to see apparently.
Humorous that Brignell was warning of this 5 years ago, or was it 8. Time flies so fast.