Quote:
Originally Posted by rockyhyder
That’s true unless you also own the bank. Then it’s more like you’re paying yourself interest and the impact is less. The normal rules of development doesn't apply to this company because they control their associated cost across multiple industries.
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Not even close to accurate. Bank lending is regulated around the concentration of risk and as a percentage of capital., and Citizens First wouldn't come close to being able to finance the construction of all the homes in TV.