If housing is such great investment, why will not he upgrade it?

Did not we hear that mortar and brick has its own cost structure? So the more your add and more it will be worth?

He can cuntinue pumping the real estate because of his holding in Wells Fargo. The more debts people incur, the more profit banks make from the money that created from thin air. Then Wall Street will then say, we told you leverage is the only way to get rich quick.

LOL

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Texas Billinair Ross Perot used to say, -天下多蚤- 給 天下多蚤 發送悄悄話 (134 bytes) () 02/27/2012 postreply 09:09:59

這個太牽強了,he needs scale, not just upgrade his own house -pyramid- 給 pyramid 發送悄悄話 pyramid 的博客首頁 (34 bytes) () 02/27/2012 postreply 09:25:09

You did not get it. -天下多蚤- 給 天下多蚤 發送悄悄話 (475 bytes) () 02/27/2012 postreply 13:25:31

Read this. Now banks are the victims. LOL -天下多蚤- 給 天下多蚤 發送悄悄話 (277 bytes) () 02/27/2012 postreply 13:42:51

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