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Non-Tech : Investing in Real Estate - Creative Opportunities

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To: tejek who wrote (2016)	1/18/2014 3:02:12 PM
From: John Vosilla	Read Replies (1) of 2722

That doesn’t mean the wealth will flow down to people who can’t afford homes, cars or fancy jewelry. But a few Americans with bigger homes means more demand for appliances and furniture, and more need for people to fix the plumbing and clean the gutters. There’s some good news in there somewhere. The good news is Great Depression 2 has been off the table now for a couple of years.. Bad news is we are destined to repeat the stupidity of Bush's Ownership Society as overconsumption, big houses, big cars, suburban sprawl have continued.. Stock market oddly will crash when J6P gets back into the game leading to much higher velocity in the money supply again and a host of problems as the Fed finally is forced to unwind.. Great news down the road for people like me continuing to acquire, rehab and build long term rentals on the cheap protected no matter what happens.. I really wish MM was wrong but too much of what he says I agree with it on the structural end, the imbalances and consequences down the road.. If we didn't have this wide political division the fed would not be the only game in town..

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