Cash Buyers Are Gold
If The Cash Buyers Are Countries
You have to sell Gold to get Fistfuls of Cash to buy real estate.
Countries can sell Government Facilities.
They can be motivated sellers. Say if there was a dilapidated prison.
Fistfuls of Cash is Gold.
Governments are Cash Buyers.
The Governments probably take out mortgages.
Are the Governments taking out mortgages on real estate or are they paying all cash?
It would be interesting to see which they think is better?
Leverage on real estate is always good; It’s good debt: The reason you want to own real estate.