A great deal has been written about short sales in the last three weeks. Adani and Hindenburg aside, there have always been two schools of thought concerning short sales.
One school believes that they are evil. The other thinks the opposite that they are good. Those who think they are bad point to the moral dimension. How can you disfigure a house and then buy it when its price falls — to pocket a profit?
Those who think they are good say that the disfigurement is not disfigurement at all. It's just a way of helping people discover the "right"
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper
