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re: WSJ: Wall Street Has Spent Billions Buying Homes. A Crackdown Is Looming.

Posted on 4/29/24 at 12:46 pm to
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167753 posts
Posted on 4/29/24 at 12:46 pm to
quote:

I don’t honestly think you can actually believe this. If you don’t care about your profit for the next 3 years, you won’t make it to year 4



Your problem is you are thinking on a mom-and-pop operation level.

These firms have backers with deep pockets. The same type of investors that prop up tech firms for decades while they try to become profitable.

RE "losses" also have huge tax advantages for these investors
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