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Non-Tech : Investing in Real Estate - Creative Opportunities -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (1866)8/10/2013 12:17:04 AM
From: John Vosilla  Read Replies (1) | Respond to of 2722
 
That's why I thought they looked good for an entry point. I'm nervous though. September and October could be a doozy this year.

My gut feeling is if this Fall behaves like 1999 or 2007 it probably is some blow off top in the financial markets.. I doubt it impacts the real estate recovery much..



To: RetiredNow who wrote (1866)8/10/2013 1:50:00 PM
From: John Vosilla  Read Replies (1) | Respond to of 2722
 
Two major Wall Street firms are in detailed discussions to create and sell the world's first bond backed by home-rental payments, people familiar with the matter say.

The creation of a new type of security shows that Wall Street's financial engineering, blamed for deepening the financial crisis, is revving back up.

The companies have transformed what has traditionally been a space for "mom and pop" investors to earn cash into an institutional investment strategy that has helped to boost home prices in cities across the U.S. The investment strategy often is known as buy-to-rent.

The structure of the deal would be similar to better-known securities, such as those backed by home or commercial mortgages.

online.wsj.com

MM it is like the Wall Street mafia is hell bent on pushing housing bubble 2.0 condensing what should be a normalized two decade cycle into a fraction of the time while freezing J6P and his shot credit out of the game or forcing first time and moveup homebuyers with high incomes in high priced markets into overpaying yet again..