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Yes. Like when you make an offer on a house but then your inspector finds a crack in the ceiling and you back out because the bank promised you 3.5% with no points and nothing down but when the paperwork is done you’ve got a 6% interest rate with $10,000 in fees, property tax assessment tripled, your parents who were going to help out suddenly don’t want to gift you $75,000 for the down payment, there was a murder 2 blocks away and the housing market just collapsed so paying 100% over the asking price (which was already twice what it’s worth) doesn’t sound a good idea.

In other words, have you seen what tech stocks have done in the last week?

Elon doesn’t have the money to buy Twitter, and his lenders are getting nervous that it’s a bad investment for a juvenile prank.



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