Re:Wall Street Banks Warn Downturn Is Coming
by jacquesm on Wednesday August 23, 2017 @05:11PM
(#15085204)
Don't discount real estate's potential to be a sink of excess capital virtually without limit.
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Re:Wall Street Banks Warn Downturn Is Coming
by anigbrowl on Thursday August 24, 2017 @03:53PM
(#15093451)
I'm not so sure about that. Of course they're not making land any more, but as the price of real estate increases so do rents and economic dislocation, so every rise in the cost of real estate comes with a reduction in disposable income.