The 2008 Housing Collapse: What Was the Catalyst?

I was just about to ask you because it it seems to always be this like one big catalyst, right? You had with the housing collapse, right, you had all of these people getting ninja loans, right? No income, no job, right? I lived in I lived in Florida at the time and I can recall. I mean, lenders, right? It was just crazy. They were like, oh, it doesn't really matter. Like you don't even have to have a job. Oh, you don't even have income. You can't show stated it was crazy. Oh, you don't have a job, that's fine. Oh, and by the way, you're not even a US citizen. So you just came from Guatemala and you're here temporarily. Sure, buy a house. Right. And it was insanity. And so that was all fine. Like it was working for them, these mortgage lenders, they were selling these loans back and forth. They were burying them and, you know, you know, the derivatives, everything. Michael Michael Burry was noticing this. He was seeing what was happening here. They were analyzing, of course, a lot of these homes are just vacant. Like what's going on here? And then ...