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


To: sense who wrote (2646)5/2/2019 9:12:47 AM
From: E_K_S1 Recommendation

Recommended By
togrok

  Read Replies (1) | Respond to of 2722
 
Not to mention the huge unfunded liabilities for Federal Gov, State and municipalities. Many Trillions of dollars.

Also, Central Banks in a pickle w/ their Balance Sheet now around $4 Trln could go much higher if they do lower rates. Quality of those Fed assets really bad (2nd & 3rd tier junk mortgages from the 07-08 bailout). Interest on the U.S. debt getting to be at an unsustainable level especially out past 2024.

The only Black Swan solution I see is the elimination of the Fed maybe as a result of an audit and findings of 'fraud' which then a claim may/could be made that U.S. Fed debt is/was misrepresented and is not paid back. Making the way for a new $US Note backed by Gold and/or other U.S. domestic resources (ie hard assets, land, minerals). No more Federal Reserve Notes.

$US dollar crashes until transition to a U.S. backed Note is in place. This may/could result in huge inflation, uncertainty about the $US currency and significant disruption to the financial system.

If, U.S. economy continues strong w/ more domestic manufacturing, growing domestic energy production and continued high tech innovation, it is very possible that $US may/could leapfrog into the new currency of choice (w/o the Federal Reserve and/or Central Bank(s)). The free market forces may reward $US after this transition period.

Really do not see any other Exit path that has a somewhat positive outcome. Maybe five years at most to find some resolution to the huge debt and unfunded liability problems.

Just my opinion and speculation.

EKS



To: sense who wrote (2646)5/15/2019 12:10:38 AM
From: John Vosilla  Read Replies (1) | Respond to of 2722
 
The flow of new Chinese money that has been inflating real estate in many places, has been drying up.

I just checked on realtor,com months of single family homes currently for sale (not pending) and came up with six months for NYC, three months for Seattle and two months for Silicon Valley..

Condos NYC two years, multifamily one year
Condos Seattle 1.5 months, multifamily two months
Condos Silicon Valley 1.5 months, multifamily 1.5 months

I have mentioned since 2016 high end condo market in NYC and Miami especially dire but seems the turnover of inventory has been orderly not spreading much to other areas YET.

I remained surprised the resiliency of the west coast housing markets. Can NASDAQ crash ahead of major weakness in Seattle and Bay Area housing??