Those of us that know our history know this is VERY BAD. Think—Hudson Bay Company in the 1800’s— they would let a settler lease a cow, but couldn’t keep the calves. Then they thought one of the settlers (Ewing Young) coming up from California was a horse thief so they wouldn’t sell or give him food. He about starved to death. But when the settlers realized they were never going to make it using the HBC’s cows, Ewing Young (who had a deep resentment against the HBC), got together funds, went down to California, bought a hundred head of cattle and walked them all the way back to Oregon (the Willamette Valley). Broke the backs of the Hudson Bay Company’s monopoly.
So start saving your money and when the economy dips, buy up a bunch of houses.
Those of us that know our history know this is VERY BAD. Think—Hudson Bay Company in the 1800’s— they would let a settler lease a cow, but couldn’t keep the calves. Then they thought one of the settlers (Ewing Young) coming up from California was a horse thief so they wouldn’t sell or give him food. He about starved to death. But when the settlers realized they were never going to make it using the HBC’s cows, Ewing Young (who had a deep resentment against the HBC), got together funds, went down to California, bought a hundred head of cattle and walked them all the way back to Oregon (the Willamette Valley). Broke the backs of the Hudson Bay Company’s monopoly.
So start saving your money and when the economy dips, buy up a bunch of houses.