Real Estate makes for excellent entertainment.  The higher the peak only means there will be an even deeper trough afterwards.  This is when all the vultures with large capital reserves swoop in and buy up even more assets for pennies on the dollar.  One group gets wealthier while the rest declare bankruptcy. Then the whole process repeats.

Just when you thought Wall Street couldn't devise another scam, we allowed them to turn family homes into commodities.
What's next on the Wall Street commodity list?  Medical care, water, reproductive permission, then Air.

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