Foreclosure is to no one’s benefit. I’ve heard estimates that mortgage investors lose 40 to 50 percent on their investment if it goes into foreclosure.
Investment Quotes
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Before I started Code for America, I spent my career around startups. First it was game developers, small teams trying to make hits in a tough business. Then, when I started working on the Web 2.0 events, it was web startups during times of enormous opportunity and investment.
Topics in UncategorizedTags in Investment, Teams -
What an economy really wants, after all, is not more investment per se but better investment. It wants capital to flow to companies that will create value – not in the form of a rising stock price but in the form of more goods for less cost, more jobs, and rising wages – by enhancing productivity.
Topics in UncategorizedTags in Investment, Goods -
The financial crisis of 2008 was not caused by investment banks betting against the housing market in 2007. It was caused by the fact that too few investors – including all of the big investment banks – bet too heavily on the housing market in the years before 2007.
Topics in UncategorizedTags in Investment, Betting
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