Somebody told them they need to invest in RE so they did lolIf you've heard the expression "I have a bridge to sell you," it comes from the history of a con man in New York who repeatedly "sold" the Brooklyn Bridge to unsuspecting investors.
He pretended to own the bridge (and other property) and sold it - multiple times!
If you think fraud like this doesn't still go own today, even at the highest levels, well... I've got a bridge to sell you.
By the way, I have a white house to sell you.
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