Patrick.net

Well, Now We Know What The Next Wall Street Scam with Real Estate Will Be!

By bgamall4   Follow   Wed, 20 Jun 2012, 2:24pm   882 views   6 comments
In Reno NV 89502   Watch (1)   Share   Quote   Permalink   Like   Dislike  

http://www.businessinsider.com/well-now-we-know-the-next-wall-street-scam-with-real-estate-will-be-2012-6 You guys have to read this. This a just wicked.

Viewing Comments 1-6 of 6     Last »     See most liked comments

1. Bill Frank Follow Befriend 1 threads 16 comments

   1   7:17pm Wed 20 Jun 2012   Share   Quote   Permalink   Like   Dislike   Wicked yes, surprising no. The 1% do run the entire show after all.

2. bgamall4 Follow Befriend (14) 817 threads 2,811 comments 63 male Las Vegas, NV bgamall4's website Premium

   2   7:28pm Wed 20 Jun 2012   Share   Quote   Permalink   Like   Dislike   Bill Frank says Wicked yes, surprising no. The 1% do run the entire show after all. True statement.

3. HEY YOU Follow Befriend (4) 352 threads 965 comments

   3   10:00pm Wed 20 Jun 2012   Share   Quote   Permalink   Like   Dislike   Maybe the economy will totally collapse before this SCAM succeeds.

4. bgamall4 Follow Befriend (14) 817 threads 2,811 comments 63 male Las Vegas, NV bgamall4's website Premium

   4   10:45pm Wed 20 Jun 2012   Share   Quote   Permalink   Like   Dislike   HEY YOU says Maybe the economy will totally collapse before this SCAM succeeds. That may facilitate the scam. The money comes from the 1 percent of wealth worldwide. So it is hot money from capital markets. It will prey even more if prices crash. Paul Ryan actually budgeted a housing bubble in his original 6 trillion cuts.

5. Carolyn C Follow Befriend 59 comments Pleasanton, CA

   5   11:43pm Wed 20 Jun 2012   Share   Quote   Permalink   Like (1)   Dislike   This is why I have been against investors buying up so many homes. I have already been effected with higher home prices due to investors endless supply of money. Landlords are not going to give their tenants cheap rental rates, instead they will justify every rent increase. People will not be able to save money to buy a home with ever increasing rents.

6. bgamall4 Follow Befriend (14) 817 threads 2,811 comments 63 male Las Vegas, NV bgamall4's website Premium

   6   5:52am Mon 25 Jun 2012   Share   Quote   Permalink   Like   Dislike   Carolyn C says I have already been effected with higher home prices due to investors endless supply of money. Endless supply of money at the top is exactly why all commodities, and houses are a commodity, are driven up in price. At the low end, this is happening as we speak.