[quote=TheBrianNarrative][quote=FlyerInHi]Flu, nothing personal…. just read your own posts about Vegas on this Covid 19 thread. You brought it up. Not me.
As far a Vegas housing goes, I would worry about California investor groups that bought large apartment complexes for $250k per door. Will they be able to keep those apartments rented, while paying maintenance, management and debts.
Many of the assets were flipped to outside investor groups.[/quote]
When you are leveraged you can walk away and limit your losses. When you own absolutely with no leverage every dollar of decline is another cut. I wouldn’t be so happy about the lack of leverage in Vegas. That’s called being trapped in an investment you can’t walk away from[/quote]
It depends, right? Whether that leverage is recourse or non-recourse.
Well, then Brian, good you aren’t taking it personally. You won’t mind if we discuss the gaming industry and LV in the context of the coronavirus then. And like I said, nothing to worry about if you don’t think it’s true. We are all just speculating different scenarios on piggs. And if you don’t like what is being said, you can always hit the ignore button.
