alakin
Joined 14 years ago
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Sep 5
Joined 14 years ago
Consider the synchronous chain. Me: Myprofit=future_profit-cost1 Prev owner: profit=cost1-cost2 Prev owner 2: profit=cost2-cost3 And so on...
Also consider a parallel behavior where I can simultaneously buy and sell multiple properties though debt.
It would be fun to model this whole chain and understand what this recursively unfolding process actually does with capital. Is it a capital sync? What behavior does it incentivize? Does it guarantee expansion/recession cycles?