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And people in the UK get to have a reason to work again as land prices fall back in line with local wages. Hooray. Speculators: go home. Of course we still nee
by branchless 10y ago
And people in the UK get to have a reason to work again as land prices fall back in line with local wages.
Hooray. Speculators: go home. Of course we still need to put our parasitic banking industry into line but it's a start.
- justin66 10y ago> Speculators: go home. I imagine they know how to go short as well as long.
- branchless 10y agoReally? I think most land speculators are pretty unsophisticated. How are they going to go short? Short UK house builders? Already dropped. Hedge GBP? Already dropped. Most are holding the baby now.