Note this part
… buying back the properties and sitting on them.
Same greed/stupidity worsening the catastrophe that was brought upon us by greed/stupidity?

Why not? They get unlimited free money from government bailouts, they can do damn well whatever they please.

It is very interesting, we are turning into something like the old USSR with banks and corporations assuming the roles of the Soviet ministries. They don’t have to produce quality products or services, they just have to browbeat the politburo whoops I mean congress into submission to get their hands on our money.

It’s very surreal to see all of the empty condo towers downtown dark at night while there are tons of homeless people sleeping in the streets. I guess it’s all part of our five-year plan, comrades.