> everyone in the transaction wins

Nobody ever thinks of the poor banks!

JumpCrisscross 7 hours ago | parent | next [-]

> Nobody ever thinks of the poor banks!

I thought about that. But a bank would rather lend in lots of high-confidence, low-duration deals than a small number of high-margin deals. The only people who lose when housing is built are incoment landowners. Because prices go down.

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lo_zamoyski 7 hours ago | parent | prev [-]

Usury-as-a-Service.

	▲	pclowes 5 hours ago \| parent \| next [-]
		At scale banks only win as a facilitator of economic growth. As the adage goes they can only 3-6-3 if someone is making at least 7. For the everyman banks not winning is catastrophic.
	▲	thaumasiotes 6 hours ago \| parent \| prev [-]
		It's always been a service.