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There are a number of ridiculous assumptions here. One of them: What happens when interest rates go back up in a couple of years and monthly payments are all
by pitdesi 16y ago
There are a number of ridiculous assumptions here.
One of them: What happens when interest rates go back up in a couple of years and monthly payments are all of a sudden much higher?
- gatsby 16y agoI agree. Assumptions galore. But keep in mind it was written by Bill Ackman - a director and major direct investor in both General Growth Props. and Howard Hughes Corp. - two huge master-planned development companies.