US Inflation and What To Do About It Message Board

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Strategies & Market Trends : US Inflation and What To Do About It

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To: ggersh who wrote (428)	4/14/2014 3:33:40 PM
From: John Vosilla	Read Replies (1) of 1504

Is it houses are affordable for cash buyers, but not for wage earners? Well the funny WS cartel money seems to have deep pockets will pay any price as long as the spreads between operating yields vs cost of capital fit their models. Wage earners can't afford property in the high cost markets even if they gave out easy qualify low rate low down loans again. Costs of RE taxes, insurance and ulilities going through the roof in many areas too. Different story in most second third tier areas though no doubt the wave hits their shores in coming years the longer this goes on..

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