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EugeneG
157 days ago
“properties get leveraged, instrumentalized, and securitized, with derivative products, speculation, and all sorts of incentives”
Spoken like someone has no clue what they are talking about and just throwing out jargon
2 comments
john-h-k
157 days ago
I think specifically spoken like someone who saw The Big Short very recently
link
whatshisface
157 days ago
The truth is that BlackRock buying rental properties is the
opposite
of that. The foundation of the MBS market is in its name: mortgages.
link