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A comment on Could This U.S. Housing Market Crash Be Worse Than 2008?. Parent comment
If a corporate entity can take out a 1,000 year loan it can make a profit buying a single home for one billion dollars.
This is why the economic models created to understand supply and demand for manufacturing pins in a factory eventually unravel when discussing land.
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If a corporate entity can take out a 1,000 year loan it can make a profit buying a single home for one billion dollars.
This is why the economic models created to understand supply and demand for manufacturing pins in a factory eventually unravel when discussing land.