Bajatexas

Banks: Nationalize, Cleanse and Get It Over With

Yes, and all Intel has to do is start flying airplanes. Great idea, but the banks are not landlords and it's not as easy being a landlord as you make it sound.


On Jan 19 11:42 AM Anne wrote:

> All the aggregator bank has to do after purchasing these bad assets
> (mortgages) is to pull them all off the market and rent them out
> on 1, 2 or 5 year leases and/or lease option contracts, thus stopping
> this free-fall in its tracks.
>
> They can use local rental agencies to do the job which will keep
> these people employed as well. There are plenty of families that
> can rent or lease a house that are currently unable to purchase.
> In 2 years or less, the problem is solved.
>
> Easy.