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Strategies & Market Trends : US Inflation and What To Do About It -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (1119)9/24/2019 7:41:44 PM
From: John Vosilla1 Recommendation

Recommended By
RetiredNow

  Respond to of 1504
 
Multifamily class A well overbuilt agreed....Great to look at the public companies see if their charts have taken a nosedive already but I can't find any on this list public.. nmhc.org

Personally from all I'm seeing plus my experience I believe net income numbers will come in way below projections going forward..No way millenials will afford those high rents long term. More and more concessions, higher vacancies, higher turnover, higher evictions plus continues rise in operating costs. This doesn't even include the squeeze should interest rates rise substantially again.. See I can be very negative lol



To: RetiredNow who wrote (1119)9/24/2019 10:03:24 PM
From: John Vosilla  Read Replies (1) | Respond to of 1504
 
Interesting what we were talking about back in May 2010...

siliconinvestor.com

Housing would start going up substantially 2012-13...me

End game would be high rates/ oil prices/ Carter style inflation..you

Can't disagree with those thoughts even today..lol
Thinking probably the longer this cycle goes on the less rates and oil prices would need to rise to create a global collapse. We might have been getting closer late 2018 to the tipping point. Not so today this economic cycle continues IMHO