this post was submitted on 25 Jul 2024
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Programmer Humor

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[–] [email protected] 13 points 5 months ago (1 children)

That's easy, buy all the real estate in an area that's for sale, scarcity will drive up the value of the properties you have bought. Economics 101.

-- This is sarcasm and is poking fun of wall street buying up all the property to be landlords, the world and economy are much more complicated than this... But, it is a quick way to spend $100m in 30 days

[–] [email protected] 8 points 5 months ago (1 children)

Takes a long time to close sales like that... Although I suspect paying above market rate for things would help grease the wheels.

[–] [email protected] 1 points 5 months ago

Yeah I'm sure they'll look the other way if you pay 1.5x the market price