Dead Capital issue
Nickgogerty
often worth more than the house. For more info, have a look here. It
is a $9 trillion issue called dead capital and one of the factors
contributing to the lack of capital investment in higher quality
housing stock.
http://livecapital.wordpress.com/
we are working on a solution called the $0 mortgage, which involves
dead capital arbitrage. for those interested in following the issue
sign up at the blog.
best,
Nick
Shourin R
SR
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Ian Fraser
I am currently trying to put together a project to build 60 very low cost houses in the Philippines and the cost of suitable land – which in many instances is lying idle or way under-utilized, year after year after – is a major problem. It is easily 10 times the cost of the house. And that is land in the boonies even.
I think I can get around it but it wastes so much finance for something that basically won’t change if it is “used” while the owner is “waiting” for it to “improve in value”.
There are many “creative” solutions to the problem but they need to be integrated into more main-stream land-laws before the wealthy would be comfortable being a party to such out-of-the-box methods.
Am interested in anything you have to suggest.
Cheers
Ian Fraser
