Y
Hacker News
new
|
ask
|
show
|
jobs
by
wolverine876
1837 days ago
How did the investor in that empty lot make the community richer?
2 comments
ahmedalsudani
1837 days ago
It was used for blackjack and hookers.
link
FredPret
1837 days ago
Speculative investment without asset improvements like that is the worst kind, but it still serves to stabilize prices for other investors. At worst, the speculator loses their shirt and a more capable capital allocator gets to work with the money.
link
bradlys
1837 days ago
So.. investor helps other investors? Great. What about the common man?
link