News for hackers. Stuff that matters.

A comment on If you sell a house these days, the buyer might be a pension fund. Parent comment

Re:If you sell a house these days, the buyer might be a pens... by wolverine876 on Wednesday June 09, 2021 @01:01PM (#27450322)
How did the investor in that empty lot make the community richer?
[ Parent | on HN ]
Re:If you sell a house these days, the buyer might be a pens... by ahmedalsudani on Wednesday June 09, 2021 @01:19PM (#27450544)
It was used for blackjack and hookers.
[ Parent | on HN ]
Re:If you sell a house these days, the buyer might be a pens... by FredPret on Wednesday June 09, 2021 @01:31PM (#27450673)
Speculative investment without asset improvements like that is the worst kind, but it still serves to stabilize prices for other investors. At worst, the speculator loses their shirt and a more capable capital allocator gets to work with the money.
[ Parent | on HN ]
Re:If you sell a house these days, the buyer might be a pens... by bradlys on Wednesday June 09, 2021 @01:43PM (#27450824)
So.. investor helps other investors? Great. What about the common man?
[ Parent | on HN ]