Comment by EugeneG
2 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 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
I think specifically spoken like someone who saw The Big Short very recently
The truth is that BlackRock buying rental properties is the opposite of that. The foundation of the MBS market is in its name: mortgages.