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

To: tejek who wrote (2237)	5/5/2014 3:56:14 PM
From: John Vosilla	Read Replies (1) \| Respond to of 2722

He points out that investment in residential property remains a smaller share of the overall economy than at any time since World War II, contributing less to growth than in past downturns, including the early 1980s when mortgage rates were 20% (compared to 4.5% currently). New home construction has been in the tank for almost 7.5 years. Built way too new many homes from 2002-06 so that is a good thing. BUT investor's doing home renovations is booming.. Most become rentals as it as tight a rental market as I've ever seen at the lower middle and middle price points.