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

To: sense who wrote (2649)	5/14/2019 11:56:06 PM
From: John Vosilla	Read Replies (1) \| Respond to of 2722

If money is the gas... lower Fed rates is more, higher Fed rates is less... and the brake is a constant ? What is the brake ? How much of it do we see being applied right now ? Might it be possible to remove the brake... or alter its function ? I believe we still have very tight underwriting for residential home loans. If we went back to anything like 2003-06 again then it would be game over on the back end of removing the only 'brake' left this cycle. Seems most everything else has already been exhausted. Guess at least the fed has 2% to play with now something we didn't have during the Obama recovery or most developed countries have even now.. Is crazy the divergence this cycle. Vancouver, driven as you rightly point out by Chinese money versus South Bend, IN home to a mayor who might be our next president. One place starter shacks go for $1M+ while in the other 20% of the homes for sale on the market for less than $50k with median around $75k 10 years into recovery. Also keep in mind Vancouver median household income is just twice South Bend.. Is it better to be working class without any equity from assets in Vancouver or South Bend?