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Real Estate, Entrepreneurship and Investing for Beginners and Expert alike with NO FLUFF, MrNoFluFF.com

October 23, 2019

Warning… Home Builders are in trouble 🚨 Evidence Exposed (The Housing Crash Debt Collapse)

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Warning... Home Builders are in trouble 🚨 Evidence Exposed (The Housing Crash Debt Collapse) 

 

Warning... Home Builders are in trouble 🚨 Evidence Exposed (The Housing Crash Debt Collapse)

KB Homes, Houses Builders, are in trouble with debt. Simple put, according Simple Wallet article the company has 4.7 times debt vs incomes.

Simple put, if KB makes $10 per year, they have debt balance $47 per year in debt. As you can companies in America can grow fast and look rich however, their balance sheet are "real" in negative if you do the math of cash on hand and what the company is worth minus the debt balance, which will put KB homes in Billions dollars negative.

Im not picking KB homes, there are many USA companies today that are in the same if not Worcester situation. The only reason they companies are open and are able to grow is of 'debt" and "funny money'.

The Debt base economy is cancer for our kids!

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#HomeBuilderTrouble #RealEstaeCrash #EconomicCollapseNews

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