4 ms·
I don’t think winning big looks like owning property that couldn’t be profitably rented out by a professional land lord. Maybe on long time horizons it will, bu
by mattnewton 3y ago
I don’t think winning big looks like owning property that couldn’t be profitably rented out by a professional land lord. Maybe on long time horizons it will, but in the short term that looks like losing your shirt but getting to keep your hat and pants.
- SkyPuncher 3y agoIf someone has already paid you x% of a property, it’s a lot easier to sell that and still make a massive profit.
- keep_reading 3y agoBut they have to lower its value to sell it. This has a domino effect on property values