[quote=jpinpb]PR – I understand investors will “buy” overinflated houses from banks. Then what?[/quote]
Default on their non-recourse loan and laugh all the way to the bank that they bought everything @ 7 cents on the dollar, helped make the criminals whole and dumped dollars into something with intrinsic value. Or as some like to say “help bring stability and confidence back into the market. haha
I bet the Goldman Sach’s crew will make out pretty well.