On the flip side, we should also salute them for providing one of the largest stocks of affordable housing 2009 onwards. Without all the capital injection from the “investors”, we wouldn’t be having upwards of ten million excess homes in the country pushing down the prices to ground.
Just like WorldCom & Global Crossing bankrupted their “investors” but provided plentiful supply of cheap fiber optic lines underground making internet such a pleasure to use.
All part of “Creative Destruction” that is the beauty of free markets.
