3 ms·
Right, this sort of scheme is a great way to get things done without a lot of formal banking & legal machinery. And it's pretty resilient: if building is interr
by iguy 6y ago
Right, this sort of scheme is a great way to get things done without a lot of formal banking & legal machinery. And it's pretty resilient: if building is interrupted by (say) political unrest, or there's an episode of hyperinflation in the middle, everyone understands the deal -- the landowner still gets his 2 flats when it's done.