Berkeley CSUA MOTD:Entry 38911
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2025/07/08 [General] UID:1000 Activity:popular
7/8     

2005/8/1 [Finance/Investment] UID:38911 Activity:nil
8/1     Tell me if this is legal and feasible. We all know about the
        housing boom and possible bubble. The bubble hasn't happened
        yet, but if it happens, it'll burn a lot of individual
        investors. Since it's a risky business, how about starting
        a corporation that borrows money from banks and from individual
        investors to buy up huge amount of properties, and maybe even
        buy sections of big cities? They can make huge profits by
        renting out properties or flipping them to other individual
        investors? If things go sour, the corporation shares the risks
        so no one gets burned badly, and worst case comes they can
        always declare bankruptcy. Is this legal? Possible? Can
        corporations buy blocks of land or buy cities and make huge
        profits since they have no competitors?
2025/07/08 [General] UID:1000 Activity:popular
7/8     

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