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Monday, 24 July 2017

Quote of the Day: On the effect of cheap money on housing


“The tidal wave of cheap money from … central banks has to go somewhere, so now it is flooding into housing and making serfs out of the middle class.”

~ Tweeter Rudolph E. Havenstein, quoting Ken Sherman, in reference to WSJ’s article: 'Meet Your New Landlord: Wall Street'

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1 comment:

  1. the Drunken Watchman24 Jul 2017, 17:56:00

    ... keep the posts coming, now you are on a roll :)

    ReplyDelete

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