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Antifar
11/20/18 10:07:09 AM
#1:


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Romulox28
11/20/18 10:08:29 AM
#2:


what is so bad about this?
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CruelBuffalo
11/20/18 10:11:15 AM
#3:


Romulox28 posted...
what is so bad about this?


I mean this...its not illegal. What law do you want? You cant buy homes near your new company HQ unless a public press release happens? What size company? What qualifies as an HQ?
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Antifar
11/20/18 10:17:28 AM
#4:


It amounts to a form of insider trading, just with real estate instead of stock
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#5
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CapnMuffin
11/20/18 10:36:37 AM
#6:


Ex-Kefiroth posted...
CruelBuffalo posted...
Romulox28 posted...
what is so bad about this?


I mean this...its not illegal. What law do you want? You cant buy homes near your new company HQ unless a public press release happens? What size company? What qualifies as an HQ?

It may not be illegal, but they totally bilked the seller out of a ton of money based on their insider information.

This. Imagine you sell your investment property only for it to spike in value a day later. And the buyer knew this.
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"its okay a lizard ate me and elucidated my fate" - MJ_Max on Dark Souls
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King_Hellebuyck
11/20/18 10:38:13 AM
#7:


Thats pretty shitty
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All Hail King Connor!
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CruelBuffalo
11/20/18 10:43:42 AM
#8:


CapnMuffin posted...
Ex-Kefiroth posted...
CruelBuffalo posted...
Romulox28 posted...
what is so bad about this?


I mean this...its not illegal. What law do you want? You cant buy homes near your new company HQ unless a public press release happens? What size company? What qualifies as an HQ?

It may not be illegal, but they totally bilked the seller out of a ton of money based on their insider information.

This. Imagine you sell your investment property only for it to spike in value a day later. And the buyer knew this.


Would you guys have told someome you buy a house from. Yo can you charge me more? This land may be more valuable.
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King_Hellebuyck
11/20/18 10:48:21 AM
#9:


CruelBuffalo posted...
CapnMuffin posted...
Ex-Kefiroth posted...
CruelBuffalo posted...
Romulox28 posted...
what is so bad about this?


I mean this...its not illegal. What law do you want? You cant buy homes near your new company HQ unless a public press release happens? What size company? What qualifies as an HQ?

It may not be illegal, but they totally bilked the seller out of a ton of money based on their insider information.

This. Imagine you sell your investment property only for it to spike in value a day later. And the buyer knew this.


Would you guys have told someome you buy a house from. Yo can you charge me more? This land may be more valuable.

Cmon man dont go full UR here. I think you can see everyones point.
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All Hail King Connor!
Official Connor Hellebuyck fanboy
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Balrog0
11/20/18 11:01:10 AM
#10:


I mean, I agree with CruelBuffalo, seems perfectly fine to me. The problem is the shitty real estate markets in NY(C). Speaks to a deeper problem with the way we treat housing as an investment. No reason to get mad at some Amazon employees.
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CapnMuffin
11/20/18 11:36:57 AM
#11:


private insider information is different from information anyone can do research on and explore before purchasing real estate

Its why its illegal for stocks. Its assumed to be an even playing field. That you cant sell a bunch of your stock to someone who has unfair privileged info.
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"its okay a lizard ate me and elucidated my fate" - MJ_Max on Dark Souls
3DSFC : 0860-3930-2170 | NNID : CapnMuffin | XBGT : Capn Muffin
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