Why Wall Street Always Blows It
Storyboard Tekst
- $500,000 for this modern 2 bedroom house. Buy it now because the price is only going to increase
- I'm pretty busy but I think I can fit you guys in.
- My wife and I are looking into buying a house. Would you be able to help us?
- If you want this house you have to hurry and bid or someone else will before you.
- Neighborhood real-estate agent is announcing the newest house on the market. The surprisingly high price is causing many people to become forced to buy the house as soon as possible. She also is pressuring people by explaining that the price is only going to rise.
- I think we should get the house.
- The young couple decides to buy a house before house prices increase anymore. The real-estate agent says that she can fit the couple in to look at some houses.
- The young couple finds a house they love but their real-estate agent tells them to bid without giving them time to think about their decision.
- WHAT ARE WE GONNA DO!!!
- The young couple decides to wait and discuss before making a bid on the house. They come to a decision to get the house.
- When the couple calls to put a bid on the house it had already been sold. They end up finding another house and made a bid on it with no down payment.
- 18 months later and their down payment is completely wiped out and they owe a lot of money. Even though the young couple can make their payments, the mortgage is about to reset and they've heard rumors of getting laid off from their jobs.
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