Comments on: Reader Report: Big Time Landlords Smoking a Lot of Crack in 2006 http://thefrontsteps.com/2008/08/28/reader-report-big-time-landlords-smoking-a-lot-of-crack-in-2006/ Real Estate, Insight, Statistics, Gossip, & News...With a Twist and Some Flavor Thu, 09 Feb 2012 04:27:28 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: 44yo hipster http://thefrontsteps.com/2008/08/28/reader-report-big-time-landlords-smoking-a-lot-of-crack-in-2006/comment-page-1/#comment-5443 44yo hipster Thu, 28 Aug 2008 21:24:56 +0000 http://thefrontsteps.wordpress.com/?p=1947#comment-5443 yes indeed. so technically, i guess it was the lenders who were overdosing on crack in 2006, cause that has got to be one of the dumbest suppositions i have ever heard! but again, the lenders being able to slice/repackage the loans and sell them on wall st. was a pretty brilliant (for them, that is) but ultimately sick idea. okay, as mujch as i hate to admit it, capitalism does have its faults. yes indeed. so technically, i guess it was the lenders who were overdosing on crack in 2006, cause that has got to be one of the dumbest suppositions i have ever heard! but again, the lenders being able to slice/repackage the loans and sell them on wall st. was a pretty brilliant (for them, that is) but ultimately sick idea. okay, as mujch as i hate to admit it, capitalism does have its faults.

]]> By: Jay http://thefrontsteps.com/2008/08/28/reader-report-big-time-landlords-smoking-a-lot-of-crack-in-2006/comment-page-1/#comment-5444 Jay Thu, 28 Aug 2008 17:48:57 +0000 http://thefrontsteps.wordpress.com/?p=1947#comment-5444 I read that article. What was interesting is back in credit bubble days you could buy an apartment building based on what the rent would be after you had kicked out all of the rent controlled tenants; as opposed to what the current rent is. Bet you can't do that any more! I read that article. What was interesting is back in credit bubble days you could buy an apartment building based on what the rent would be after you had kicked out all of the rent controlled tenants; as opposed to what the current rent is. Bet you can’t do that any more!

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