Don't get me started on the big new idea on Wall Street to turn rent payments themselves into a securitized financial product (as opposed to doing this indirectly via selling mortgages to landlords)https://twitter.com/thrasherxy/status/1358632730217562112 …
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And the people they were theoretically defrauding (the banks and their underwriters) didn't give a shit and didn't bother to check because the whole system had become just creating new mortgage debt and then immediately passing the hot potato onto the open financial markets
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I was curious about the Opportunity Zones. I assume they are still valid, but don’t they allow those with capital to avoid taxes, hurting local governments? Not related, but I thought you might know.
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