Elizabeth Warren, of the high cheekbones accused Donald Trump of wanting the real estate collapse. There are two main points here. One is Trump, like many other business people and economists, foresaw the collapse of the housing market thanks to the ill conceived policies of the liberals. And the truth is he didn’t buy up people’s private property and profit on it, but Warren did. Three were so many people who were behind on their mortgages that banks were not foreclosing and allowing the owners to remain in the homes to keep them from falling apart.
Elizabeth Warren on the other hand, bought up foreclosed properties and flipped them for big profits. She bought five or six properties and sold them for hefty profits.
Nearly two years after Veo Vessels died, her daughter, 70-year-old Mary Frances Hickman, decided to sell the home her mother had left to her. A sprawling brick house in Oklahoma City’s historic Highland Park neighborhood, it was built in 1924, just a year after Mary’s birth. Decades later, one of Vessels’ great-grandchildren fondly recalls the wood and tile floors, the fish pond, the butler’s quarters, and the multi-car garage where children played house. “It was really, really nice,” says Hickman’s granddaughter, Andrea Martin. That’s part of the reason she’s so surprised her grandmother sold the home in 1993 for a mere $30,000. Despite a debilitating stroke, Martin says Hickman remained sharp, and she had always been business-savvy. As an Avon saleswoman, she had at times ranked among the top ten in the country. “So I don’t know why,” Martin says. “Maybe she just wanted out from underneath it, but to sell it for such a low number — I don’t know. Maybe she got bad advice, maybe she was just tired.” The home’s new owner: Elizabeth Warren, today a Massachusetts senator who has built a political career on denouncing the sort of banking titans and financial sophisticates who make a buck off the little guy. Five months after purchasing Veo Vessels’ old home, Warren flipped the property, selling it for $115,000 more than she’d paid, according to Oklahoma County Property Assessor records.
Warren should learn to never throw stones from a glass house.