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/biz/ - Business & Finance

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>> No.18277540 [View]
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18277540

>>18267568

>the real estate market can be literally frozen in time
>the big firms and banks were simply sitting on their real estate assets and held them off market
There will be no losses for any institution and the rights to ownership will be held be the issuer of credit/debt whic his the FED

This is an excellent take. Essentially, Banks will evict people and hold their properties to create scarcity on the market and avoid a price crash. However, that can only be true if people don't destroy the properties or squat - creating an expensive liability.

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