mortgage

Peter Schiff's November 2006 speech to the Western Regional Mortgage Bankers Conference, in which he warned an audience of mortgage bankers that the housing bubble would collapse. The clip runs about 73 minutes.

A scene from The Big Short in which Jared Vennett pitches credit default swaps on mortgage bonds to a hedge fund team, using a Jenga tower to illustrate collateralized debt obligations.

Ben Felix argues that common beliefs about renting versus buying are wrong: homes are not great investments, mortgages are not a wealth hack, and ownership does not reliably bring happiness.

A clip from the 2015 film The Big Short in which FrontPoint Partners investigate mortgage lending in Florida and place their first trade. It shows brokers and a stripper-adjacent loan scene illustrating subprime lending to unverified borrowers.

A five-minute clip from The Big Short (2015) in which FrontPoint Partners confront Morgan Stanley risk assessors and an S&P ratings representative about inflated mortgage bond ratings.

A short Globe and Mail animated explainer on why renting can leave you as well off as buying a home. It walks through a rent-versus-buy comparison using Toronto numbers and the opportunity cost of a down payment. The video notes it dates from 2015 and the housing market has changed since.

Rational Reminder podcast episode with Morgan Housel, author of The Psychology of Money. They discuss how investing success depends more on behavior than knowledge, the role of luck and the dangers of emulating top investors.

John Bird and John Fortune satirize the investment banking mindset in a mock interview about the subprime mortgage crisis. The sketch lampoons structured credit products and the banks' reassurances shortly before the crash.

Louis Rossmann explains why NYC commercial landlords keep storefronts vacant rather than lowering rents. He points to commercial mortgage-backed security loan terms and inflated property valuations.