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A comment on Wells Fargo to pay $3.7B settling charges it wrongfully seized homes and cars. Parent comment
If it weren't for foreign "investment" in real estate, there would still be housing in the U.S. It would just be cheaper.
Real estate is a finite resource. More people showing up and bidding just drives the price up for the people who were already at the auction.
No reason for me to be happy about it.
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If it weren't for foreign "investment" in real estate, there would still be housing in the U.S. It would just be cheaper.
Real estate is a finite resource. More people showing up and bidding just drives the price up for the people who were already at the auction.
No reason for me to be happy about it.