Continuing from the past video on wealth bubbles, Sal begins by recapping what scholars saw in the first segment. He then goes into more depth on bank-owned homes, short sales, foreclosures, and wealth destruction. Scholars begin to...

Explains how a short sale works for a mortgage as an alternative to foreclosure. [6:34]

A short sale occurs when someone wants to sell a home, but owes more on the home than its value. We explore some of the major considerations that go into a short sale in this video. [6:33]