tag:blogger.com,1999:blog-5880610.post111418546269814537..comments2024-01-13T18:57:18.243-05:00Comments on Information Processing: Rent-buy arbitrageSteve Hsuhttp://www.blogger.com/profile/02428333897272913660noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-5880610.post-1114259350570851162005-04-23T08:29:00.000-04:002005-04-23T08:29:00.000-04:00The bank takes no risk, the same as real renters t...<I>The bank takes no risk, the same as real renters take no risk. It's the owners who bear all the risk of falling house prices,...</I><BR/><BR/>This isn't true, is it? I thought if the mortgage principle becomes more valuable than the house, the owner can default on the mortgage.Anonymousnoreply@blogger.com