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Forum Post: Wealthy Buying Lots Of Land

Posted 5 years ago on Dec. 26, 2012, 6:01 p.m. EST by Nevada1 (5843)
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[-] 3 points by Middleaged (5140) 5 years ago

It is a game. Financial Crash brings prices down to correct level. Then they will anticipate or help create higher prices in the years to come... Another bubble. And they will buy houses that are quality, have more than 2 bedrooms, at least 2 bathrooms, and are located in good school districts ... and create a new bubble.

They say there is a bubble in Bonds now. Municpial Bonds can pay a lot of Interest I think. But if the Federal Reserve Interest Rate goes up... the Bond market Crashes... Like a bubble.

[-] 2 points by DKAtoday (33487) from Coon Rapids, MN 5 years ago

Profits over people/society/environment/world enters a new phase. To be expected - Really - SOSDD.

[-] 1 points by Nevada1 (5843) 5 years ago

What does this mean?

Using the cash ripped from the people, before crashing currency? Leave us with Fracked Sacrifice Zones?