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Non-Tech : Investing in Real Estate - Creative Opportunities
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To: tejek who wrote (2252)5/22/2014 11:18:44 PM
From: John Vosilla  Read Replies (1) of 2722
 
Top 10% has benefited most from purchasing distressed RE and the stock market rise. On the vulture front been mostly well heeled setting up hedge funds putting huge sums of money buying up property. I noticed the shift and by spring 2010 they were very aggressive like nothing I'd ever seen. Yes you are right a few regular people who work for a living and lucky enough to both time the market and have the required large 25%+ down payment got some nice deals on owner occupied but certainly far fewer than the last bottom which lasted for most of the 1990's. .

Is kind of astounding to me speaking of the Clinton years how the economy worked so well yet we didn't have or need a big rise in home prices or the fed keeping rates so low for so long. BTW MM= Mindmeld
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