marko
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Mar 16, 2011
- Messages
- 9,404
But some other people made a fortune buying foreclosures and things that people couldn't afford anymore.My parents and the people I grew up around lived through the Great Depression. Many of them thought the next big Depression was overdue and lived like it was coming tomorrow. Some never dared to borrow money to buy a home or farm or start a business, because the next depression was over due. They were right. They lived their lives like it was a depression even though there wasn't one.
Banks were chasing my grandfather around begging him to buy apartment buildings they held etc for pennies on the dollar. (I just learned this a few years ago)
Like the Great Recession of '08 and '20, there's bargains and TLH to be had in the market for those who are prepared.
Last edited: