Some young people are buying houses with friends

Re:Some young people are buying houses with friends by eropple on Wednesday March 06, 2019 @09:36AM (#19319179)

The bank's core competencies don't lie in real estate investment (of the direct kind) nor in stuff like property management.

As far as I'm aware there's no law demanding they turn around and sell, but it makes a lot of sense to.

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Re:Some young people are buying houses with friends by mikefivedeuce on Wednesday March 06, 2019 @10:21AM (#19319506)

Not a law but regulatory capital requirements on speculative real estate make it uneconomical for the banks to hold the properties.

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Re:Some young people are buying houses with friends by cestith on Wednesday March 06, 2019 @07:47PM (#19324602)

Banks are interested primarily in liquid assets. There's not much less liquid than real estate.

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