[richthegeek]

Her total mortgate exposure is $1.2m, not her currently owed amount.

$24k is a yield of only 2% so yeah she's on razor thin margins... which does explain why she's immediately in jeopardy from the slightest economic wobble (not that this is a slight wobble).

[akgoel]

This really becomes a question of leverage. If she only put down 20%, then her return on invested capital is 10%.

[SketchySeaBeast]

Ah, that makes way more sense. Thanks! Me read bad sometimes.