|
"Subcomandante" <edicorp@sbcglobal.net> wrote in message
news:iIvdg.85034$H71.18656@newssvr13.news.prodigy.com...
> One must realize the brilliance of the CAI industry.
> The industry owns the assets via the HOA.
> The homeowner owns liability for mortgage, taxes and dues.
> The homeowners can never take assets out of the HOA only to shift
> liability to someone else.
> The homeowner never owns anything!
> The HOA is Ponzi scheme.
> -Sub
>
Actually there is a investor opertunity for huge profits in HOA take overs
after all they are corporations. I figure that you can aquire a HOA for 50%
of its real value and liqudate the assets at book value in 2 years.
http://www.bartleby.com/65/le/leverage.html
Just another benifit of self goverence in the corporate world.
Regards
Tom.
|
|