The Trifecta. The banks, the rich and the real estate corporations. why? the banks lend to the rich for office buildings, the rich borrows on those property values.. they are empty/overvalued. the real estate values don't fall! appraisers (real estate agents) won't drop it = higher commission sales/leases. The value doesn't fall = banks don't lose money = profit = highest bank shareholder dividends. back to the office!!!!
The Trifecta. The banks, the rich and the real estate corporations. why? the banks lend to the rich for office buildings, the rich borrows on those property values.. they are empty/overvalued. the real estate values don't fall! appraisers (real estate agents) won't drop it = higher commission sales/leases. The value doesn't fall = banks don't lose money = profit = highest bank shareholder dividends. back to the office!!!!