this post was submitted on 29 Dec 2023
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Work Reform

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[–] meyotch@slrpnk.net 5 points 10 months ago* (last edited 10 months ago) (2 children)
[–] WarmApplePieShrek@lemmy.dbzer0.com 1 points 10 months ago

And banks! If you own bank stocks, you own mortgages. If you own the S&P, you own bank stocks.

[–] SCB@lemmy.world -3 points 10 months ago (1 children)

C'mon man. You're being serious?

[–] meyotch@slrpnk.net 3 points 10 months ago (1 children)

Yes. It’s a legitimate investment vehicle that people with money use to diversify their holdings. What’s with the incredulity? Rich people act in their own interests, news at 11

[–] SCB@lemmy.world -1 points 10 months ago* (last edited 10 months ago)

You're suggesting, with a serious face, that the fact that real estate investment trusts exist means that "rich people own the buildings their companies are in and want return to office to raise the value of those buildings."

That's a thing you think is real?

Be honest with me. Did you find out about REITs from a meme?

Your downvotes confirm my theory that you get your world view from memes.