• Saint [he/him]
    ·
    3 years ago

    The main property of commodities is that they're fungible. How does this moron propose that should work with houses?

    • zifnab25 [he/him, any]
      ·
      edit-2
      3 years ago

      Construct an active secondary market for surplus properties that operate as a store of value rather than a habitat for humans. Value the units by some generic quantifiable qualities (age, interior size, construction material value, average price of housing in the area). Then do algorithmic trading on the surplus units, until you end up with a massive excess inventory and declare a $420M loss during a real estate boom.