Quote:
Originally Posted by RummyBoy
What? You're suggesting they could seize people's homes? Or at least everyone who's home goes bad? Well as bad as Gold theft was I can't see the US government doing something that extreme and in any case I guess people do lose their homes if they cannot repay their mortgage. However, if things turn that sour the real estate market would crash.
They'd be sitting on a pile of totally illiquid real estate stock that would be impossible to encash.
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There is no real estate "stock." People are always going to need a place to live and they quit making land on Earth anyway billions of years ago.