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I wonder why survival of the fittest has to always hurt the little guy. Buyers seeking out unstable lenders seems like a good way to encourage more stable lende
by marricks 4y ago
I wonder why survival of the fittest has to always hurt the little guy. Buyers seeking out unstable lenders seems like a good way to encourage more stable lenders.
- deleted 4y ago[deleted]
- ALittleLight 4y agoWouldn't buyers seeking out unstable lenders discourage stable lenders? Because buyers would prefer their competitors?
- marricks 4y agoIf the unstable lenders folded and the mortgage holders could buy out their loans on the cheap, no? Then the shareholders of the lending company wouldn't be rich-people-broke-where-someone-buys-them-out-and-somehow-they're-all-still-rich they'd be actual-broke-where-they-lost-all-their-money-on-a-stupid-venture.
- kipchak 4y agoMatthew effect perhaps?