@MarcusGGraham Overpay by ~ 20 billion for Twitter, lose 50% of advertisers, do a random rebrand using a trademark you don’t own and do that rebrand having done no due diligence. Elon stans will literally defend anything he does regardless of how idiotic it is. Be serious my guy
@Murph_Locc As far as the shock to market goes, it’ll be pretty state dependent. Somewhere like Florida where the estimated delinquency rate is 8%, 50-100 mil wouldn’t get very far but for some states with lower delinquencies and lower prices it would be a short term buffer
@Murph_Locc “2.8 million households in US behind on rent, 1.9 million households behind on their mortgages” - from recent Economist Article.
Moratorium on foreclosures and evictions currently set to expire on 07/31 - pretty concerning if it doesn’t get extended