#2 2016-02-01 05:25:51
Been waiting for people to notice that - there are so many downsides I don't know where to start. Just go ahead and call it the end of small business.
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#3 2016-02-01 09:22:24
The same investment houses also have investments in credit "counseling" firms, payday loans, debt consolidation and other affiliated industries.
There is no dollar so low that someone won't stoop to pick it up - Me.
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#4 2016-02-03 14:10:51
I need a bigger house and my divorce fucked my credit so bad I have been renting the past few years. I closed my office in July of last year and took a salaried position with a local office with three locations. I am close to filing bankruptcy because of the loans I took to open the office but need a bigger house because of life changing situations.
8 out of 10 homes in my area for rent are owned by one of these Wall Street rental companies and the internet is rife with horror stories and their rental rates are .25 cents a square foot above the market average. It's ridiculous. All the homes they have listed around here have been vacant for months.
Last edited by Scotty (2016-02-03 14:11:41)
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#5 2016-02-03 19:41:24
Scotty wrote:
I need a bigger house and my divorce fucked my credit so bad I have been renting the past few years. I closed my office in July of last year and took a salaried position with a local office with three locations. I am close to filing bankruptcy because of the loans I took to open the office but need a bigger house because of life changing situations.
8 out of 10 homes in my area for rent are owned by one of these Wall Street rental companies and the internet is rife with horror stories and their rental rates are .25 cents a square foot above the market average. It's ridiculous. All the homes they have listed around here have been vacant for months.
So, tax write-offs for bond trading jerk-offs then? If you asked them I'm sure they'd give you a lot good advice about the poor quality of your life choices, for a price.
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#6 2016-02-04 00:54:20
Old news in the investment community. Way back in 2012 Permanent Fund Trustees saw writing on that wall (think Europe) and threw a few scraps from our $49B out for
"the growing number of people don’t want to own homes". Salon makes the steady march to end private ownership in Merika...sound...so...slimy.
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#7 2016-02-04 07:53:16
Looks like they are finally starting to take a page from the Brits' book of landlord fuckery.
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