Houston Crosta
π€ SpeakerAppearances Over Time
Podcast Appearances
Right.
If you're in control of a bajillion dollars.
Right.
Yeah.
What are you going to buy?
Real estate.
Because you know people have to pay, right?
They have to live somewhere.
That can't go out of style.
It can't evolve out of living, right?
So at the end of the day, that's probably the safest investment.
And the market won't go down if you don't sell.
So if the hedge funds have 60% of the standing inventory in Las Vegas...
They don't have to sell it for less.
And then people will just be like, well, I guess I'm never going to get a better deal, so I might as well buy now.
So the market's stable.
Is that true?
They have 60% of Vegas?
No, I'm just saying it's an estimated thing for these people to buy out.
They own a lot of Vegas.