Whoever owns the houses now are all temporary millionaires. Temporary because the banks just cycle owners. The houses start at 1 million under BoA, then 1mil again by Wells. Just back and forth owner to owner million by million. Nobody owns anything. The banks do.
And the ultra rich would deserve to lose everything
It should be… House owner…sorry, they forgot that millionaire means next to nothing now.
Whoever buys that house will one day in 30 years be a millionaire. 6ft under probably, but a proper millionaire.
Vulture capitalist fund owner.
Whoever owns the houses now are all temporary millionaires. Temporary because the banks just cycle owners. The houses start at 1 million under BoA, then 1mil again by Wells. Just back and forth owner to owner million by million. Nobody owns anything. The banks do.