At a dinner on the Estate, just before the desert course:
Fortune 500 CEO: "The thing is, once the gays move into the neighborhood it picks up. They have a dual income household, no kids to drain their money and they pour cash into the property they buy."
Room: *20 seconds of silence*
Fortune 500 CEO: "The next thing you know the entire place is on a real-estate upswing and the original owners are looking to sell to move into the next 'unique fixer-upper' opportunity."
Armin: "Shall we have more wine?"
Fortune 500 Corporate Development Officer: "You know, this could be a hedge fund strategy."
Wife of Fortune 500 CEO: *clears throat*
Fortune 500 Corporate Development Officer: "We could track demographics, identify the new gay homeowner pockets and invest in the area. This could be very profitable! We could put a REIT together easily."
Armin: "How exactly do you plan to describe this strategy in your offering documentation?"
Fortune 500 General Counsel: "Well, it is gay arbitrage, isn't it? Gay arb. 'Garb!''"