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Is it replicable in today's yield chasing world? And what level of gov't buy-in do you need? US Congress, State, County, City? Was just speaking with my dad a
by anonymouse008 6y ago
Is it replicable in today's yield chasing world?
And what level of gov't buy-in do you need? US Congress, State, County, City?
Was just speaking with my dad about programs - he has a ton of ideas because our hometown area is characterized as one of generational poverty and working poor.
- mardifoufs 6y agoWhat do you mean? Yield chasing usually stems from a yield starved market, and it usually results in investors expecting a lot less returns. If anything that would make it way more replicable now than it was when interest rates were presumably a lot higher.
- ineedasername 6y agoIn order for this to truly offer some of the benefits (more freedom of movement) it would have to be a national program.