French president says Peugeot layoffs are unacceptable

[HoreTore]

That depends on your definition of "real estate" it doesn't make sense to sell productive land or tenant housing to buy a factory, it does make sense to buy tenant housing and plow the profit from that into buying a factory.

I'm talking about real estate which does not produce anything, of course.

If you have a spare million today, the answer to what to do with it is "buy houses". We need to make it so the answer is "invest in a business".

And buying tenant houses and taking the profits from that into production is what we want. We are not there, however. If you buy tenant houses, the only logical choice for where to put the profits is buying another tenant house.