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I'm so 2008 you're so 2000 and late. Seriously though. What happens in another housing market crash when they are holding a bunch of houses with plummeting valu
by daveguy 11y ago
I'm so 2008 you're so 2000 and late. Seriously though. What happens in another housing market crash when they are holding a bunch of houses with plummeting values that won't sell? This doesn't seem like a very wise business model after the 20/20 hindsight of 2008. Is there something I am missing or is this a bad idea ... "but with data scientists"?
- prostoalex 11y agoThere's now institutional money like ARPI or AMH chasing rentable properties at attractive cap rates. So liquidity for distressed properties is at least somewhat better.