The markets -- stock and real estate -- are amoral. They have no "mood." People who attribute mood, morality etc. to any financial machinery are one step up from the folks who dress their dogs/cats up in moronic clothing and call them "pookums." In the real world the markets are without conscience and there are no "pookums."
If I were a smart broker in a secondary market, I'd round up five dentists to put in two thousand a piece, buy forclosed property, then rent it back to the original owners with an option to buy.
whoops -- should be two hundred thousand apiece.
I never said they did. It's the Willie Greens who have the mood. Usually foul.
If I were a smart broker in a secondary market, I'd round up five dentists to put in two thousand a piece, buy forclosed property, then rent it back to the original owners with an option to buy.
Sounds like a good idea. Make sure to include ex-Texan, he needs to finance his retirement on the Italian Riviera.