ESL Vocabulary and Idioms

Re: The next shoe to drop in housing

Armsys — Thu, 13 Mar 2008 11:05:58 GMT

Hi Micawber,

Thanks for your exceptionally crystal clear explanation. Let's hope for the best.

Armstrong

Re: The next shoe to drop in housing

Mister Micawber — Thu, 13 Mar 2008 10:49:13 GMT

.
The idiom, 'waiting for the next shoe to drop' means waiting for the inevitable consequence. The idiom comes from the old days of thin hotel or apartment room walls, when one resident could hear the next door neighbor taking off his shoes before bed. The sound of one shoe tossed aside meant that the sound of the other shoe would soon follow.

In your link, the inevitable consequence or next event to follow upon the subprime crisis will be that even people with good credit will have difficulty getting mortgages.

Re: The next shoe to drop in housing

Madhulk — Thu, 13 Mar 2008 10:45:51 GMT

Armsys
What does it mean by "The next shoe to drop in housing?"
The original text can be found in http://money.cnn.com/2008/03/13/news/economy/conformingloans/index.htm?cnn=yes.

Thanks.

Armstrong

Im means that the inevitable is about to happen in housing.

The next shoe to drop in housing

Armsys — Thu, 13 Mar 2008 10:38:44 GMT

What does it mean by "The next shoe to drop in housing?"
The original text can be found in http://money.cnn.com/2008/03/13/news/economy/conformingloans/index.htm?cnn=yes.

Thanks.

Armstrong