3 ms·

Landlords assume artificial financial risk entirely created by landlords

• fooker 4mo ago
  Of course, that's how risk works. Any high risk high reward strategy gets you in charge of creating the risk to chase a higher reward. The math is fairly similar between spending 10$ to buy a call option and a 1 million down payment to buy a 10 million property with 15 apartments to rent out.
  • chadgpt3 4mo ago
    Then let's make a government run lottery where you either get infinite money or you die. Huge risk, huge reward, right?
    • fooker 4mo ago
      As you wrote this, several hundred young men from Russia accepted a bet very much like this. The missing piece in your comment is the motivation for the government to run such a lottery.
      • chadgpt3 4mo ago
        I'm told it creates wealth.