They buy your home & lease it back

Discussion in 'Wall St. News' started by Nobert, Dec 26, 2020.

  1. Nobert

    Nobert



    RE market smth like ~$13T
    CDo's were ~$2T

    They got like ~0.1% of the capital (versus market size), thus unless it becomes an exponential growth as a whole in the sector with this bis model - nothing to worry about.
    (easy to calculate their potential market size, - get the data on households that are late with bills and how many elders sell their homes, with few % less or more for a guess, as a final answer/result)

    P.s Luke is back
     
    Last edited: Dec 26, 2020
  2. You are in financial trouble and "House Poor" so you turn to those guys. Similar to:
    • Reverse Mortgage
    • 2nd Mortgage
    You are cashing in on the equity in your home.
     
    jys78 and Nobert like this.