Stan Kroenke tells hundreds of fixed income residents in Texas to get off his newly-bought land

[kcr]

36. That's fine if the market is at the same rate it was when you bought

But what if it isn't? There's a chance it won't be. What if you still owe more than it's worth? And that doesn't change the fact you're still losing your home. People attach value to that. Particularly if it's a home they raised their kids in, or it's a home they grew up in. It's a shitty thing to have your home taken away from you.

I think the notion that these people made a risky choice in those living arrangements beyond laughable and shows a particular bias that's unfortunately all too common.