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EugeneGlast Wednesday at 10:10 PM2 repliesview on HN

“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


Replies

john-h-klast Thursday at 12:12 AM

I think specifically spoken like someone who saw The Big Short very recently

whatshisfacelast Thursday at 7:46 AM

The truth is that BlackRock buying rental properties is the opposite of that. The foundation of the MBS market is in its name: mortgages.