Comments by "worn down" (@worndown8280) on "JP Morgan CHASE Buying 1 BILLION in HOMES (Not Apartments)" video.

@tw2800 we don't have a free markey
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No that goes to the Fed for the overnight rate.
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@Shinka213 I don't blame you for not buying from flippers. But there are two types, those tgat improve a property's value and those that just hold. At least the first kind provides some value. The second kind is just a vulture.
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It use to be. Tell Bill Clinton and a Republican Congress thanks. It, Glass-Steagall was overturned in 1999. If you are unaware of what that was it was laws passed in 1933 that separated commercial and investment banking from each other. This is what caused the downturn in the Great Depression. Ironically, less than a decade after this was revoked we had the 2nd biggest crash in American history.
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Or you could just not buy homes from those people.
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It could very well be a case of putting your money in a place where it loses the least. If you put your money in investment A and it loses 20% or investment B and it loses 40%, but you know in the future every investment class is going down, you care going to shove money in any place that has the lowest percent downturn. Also a billion isnt what it use to be. Still a lot, but when this blows up Chase will be ok.
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