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Banks-Landlords of the future
TRUSt_NO_1_2
Posts: 342 Forumite
When the number of repossesions soars starting in about 12 months once public sector 'gets back into the real world' ,I expect the banks,who should have strong balance sheets thanks to you and me the taxpayer to move into the rental business big time and save the day.
My take on this is that this was the agenda.
They will have all the money you had, now have lots of houses in their portfolio and will as a gesture of good will rent it back to you and your future generations for the next millenium....JOB DONE ! (a steady income stream with no risk...plus a 5h1t load of assets on the balance sheet with which to loan against)
My take on this is that this was the agenda.
They will have all the money you had, now have lots of houses in their portfolio and will as a gesture of good will rent it back to you and your future generations for the next millenium....JOB DONE ! (a steady income stream with no risk...plus a 5h1t load of assets on the balance sheet with which to loan against)
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