Re:Nation’s top three most expensive places for renters: all...
by jimbofisher1 on Friday June 15, 2018 @02:57PM
(#17322501)
Rates of indebtedness, quality of debt(AAA, BBB ratings etc), stock market overvaluation, real estate overvaluation. Take your pick, conditions are very similar to 2007. Whether anything actually happens is the trillion dollar question.
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Re:Nation’s top three most expensive places for renters: all...
by rubicon33 on Friday June 15, 2018 @03:02PM
(#17322549)
Appreciated. That gives me some things to look into. Cheers
Re:Nation’s top three most expensive places for renters: all...
by jimbofisher1 on Friday June 15, 2018 @03:47PM
(#17322923)
https://www.hussmanfunds.com/comment/mc180604/
This was recently posted on HN and gives a good overview of indicators to look at though it's pretty blatantly alarmist.
Re:Nation’s top three most expensive places for renters: all...
by rubicon33 on Friday June 15, 2018 @04:37PM
(#17323338)
Reading through this now. There's a lot here and I have to admit, much of it is out of my wheelhouse. But I can get the gist of what's being said. I appreciate the link.
Makes me definitely consider putting this housing search on the back burner. In my area we've seen massive price increases in just the last 3 years. I was on a tour of a home yesterday and the agent told me that the previous home tour was with a bay area investor who had cash on hand for the home.
Hard to compete with that. And maybe it's just the wrong time to be competing at all.
Re:Nation’s top three most expensive places for renters: all...
by jimbofisher1 on Friday June 15, 2018 @04:51PM
(#17323449)
I am not an investment advisor But you can approximate the returns you would get from real estate appreciation by carefully investing what you would spend on a home (down payment, taxes, mortgage etc.). Though if theres a major downturn that could also be risky.
Buy gold?