People are starting to flee the cities, which means property values are going down. However if they try to reverse their dumb policies, maybe prices will recover later. EIther this is their longterm goal or they are just dumb as fxck, hard to say how much of each.
My point is someone is buying up a lot of the properties at a fire sale, why? I guess they could just be very optimistic though. The strategy of buying and holding and letting real estate value increase over the long haul has worked in most USA cities for decades now, they may be just assuming it still will. Or maybe they know something we don't?
Prominent British historian writes a fairly objective prehistory of WWII. The following year, as the war escalates, he attempts to buy up all copies of his book and destroy them. Called "anti-Semitic" because it talks about the extent of Jewish power and wealth in Weimar Germany.
People are starting to flee the cities, which means property values are going down. However if they try to reverse their dumb policies, maybe prices will recover later. EIther this is their longterm goal or they are just dumb as fxck, hard to say how much of each.
My point is someone is buying up a lot of the properties at a fire sale, why? I guess they could just be very optimistic though. The strategy of buying and holding and letting real estate value increase over the long haul has worked in most USA cities for decades now, they may be just assuming it still will. Or maybe they know something we don't?
Firesale property purchasing was exactly what the Jews did in 1920s Berlin during the hyper inflation period using non-German Jewish money.
This consolidated their power but ultimately led to their downfall.
Gentile Germans were excluded from working in the media, academia and entertainment (theatres at the time).
The theatres were turned into sex shows, child prostitution was rife, shops turned to porn outlets.
... and then for no reason at all ...
You can read the whole sorry tale in Unfinished Victory (1940)