Reply to post: Re: The definition of insanity

There will be blood: BT to axe 13,000 employees

John Brown (no body) Silver badge

Re: The definition of insanity

"tarted flogging off any building which wasn't (metaphorically) nailed to the ground, under some bizarre sell-and-rent-back scheme."

Yes, that really is bizarre. Didn't some rich industrialist one say "if it appreciates in value, buy it, if it depreciates in value, rent it." Property invariably appreciate in value so selling off your buildings and renting them bark is barking mad unless you are desperate for short term cash and have failed at every other option to raise some.

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