Sunday, October 5, 2008

"In [financial regulators'] sights are a peculiar brand of speculators known as `long-buyers' who buy assets not to live off the income they generate but to profit from rising prices. [...] Particular criticism has been reserved for people dubbed `naked long-buyers', those who try to buy homes without putting up a deposit."

-- The Economist, September 27, 2008 (dateline September 26, 2021).

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