Re:Billions in 'unknown' funds flowing into Canada's housing...
by Xcelerate on Friday July 30, 2021 @08:59AM
(#28007448)
I agree. Also sounds like a great way to transfer more wealth from the poor to the rich considering only the rich have the ability to quickly funnel most of their wealth between different types of investments.
The only problem is that the rational action with that knowledge is to buy in as soon as possible, with all your cash, thereby making the bubble even bigger. It's a death spiral of inflation.