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h-hey guys? the housing market is about to do a fucking thing

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  • #46

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    • #47
      Real estate touts are out in full force these days which is usually a buy sign IMO

      I am signed up for 8 seminars

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      • #48
        I was fully expecting a series of numbers and decimal points after making that post so I am slightly disappointed

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        • sonatine
          sonatine commented
          Editing a comment
          BELIEVE IN YOURSELF

      • #49
        Condo developer plans to buy $1-billion worth of single-family houses in Canada for rentals


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        • #50


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          • #51
            Originally posted by sonatine View Post


            So much for building generational wealth through real estate

            THANKS JOE

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            • Sanlmar
              Sanlmar commented
              Editing a comment
              For Fathers Day buy the old man a couple of hours with an attorney who specializes in Family Trusts.

              Consider it a gift to yourself too

          • #52
            You’ve heard stories of yokels buying Airbnb investment units.

            'Airbnb has secretive 'black box' team paying out $50 million a year to keep disaster stays out of press and gives staff blank checks to help rape victims and clean-up dismembered human remains'

            https://www.dailymail.co.uk/news/art...ttlements.html

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            • #53
              its weird how i was JUST reading some posts about how corporate sponsored 'news' is devouring the media from the inside out and since then ive been absolutely flooded with one article after another about how home ownership is basically off the table for the next generation or three of buyers, and the cherry on top is, per your pfa post, california desperately trying to bootstrap home sales by pitching in on down payments.

              seriously talk about telegraphing a play, something real fuckin big is about to happen im guessing.

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              • #54
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                • Sanlmar
                  Sanlmar commented
                  Editing a comment
                  Absolutely none of this is healthy but it’s a bigger slower moving animal.

                  Keep an eye on the prospect of tapering and another on the politics of housing (exactly the wrong things will be proposed). Meanwhile, let’s bink something.

              • #55
                well it´s like in medieval times again, peasants should not own property

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                • Sanlmar
                  Sanlmar commented
                  Editing a comment
                  That’s good

              • #56
                Originally posted by Zalgo View Post
                well it´s like in medieval times again, peasants should not own property
                Probably shouldn't allow non property owners to vote either

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                • #57
                  Probably shouldn't allow non property owners to vote either
                  The day Trump comes back and crowns himself king of the united states he will surely implement constitutional laws for royalty like us xD

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                  • #58

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                    • #59
                      Originally posted by sonatine View Post
                      Originally posted by Sanlmar View Post
                      The term “permanent capital” means these houses will never be sold. Ever. The investors have almost none of their own money in the deal
                      keyword=supply .....

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                      • #60
                        Originally posted by Sanlmar View Post
                        Wall Street is readying to deploy massive fresh capital into the single family rental market.

                        Outfits like Blackstone have been at this a while. American Nomes & Invitation Homes are two other players I recall. They are readying deals with builders like Lennar for single family new construction that will immediately be assigned to rental.

                        This whole phenomenon got rolling with Bernanke after the Housing crisis. A way to absorb or shore up the foreclosures etc. The mechanism was built and encouraged. Now we just have massive pools of money looking for good 8-11% return. The spread is too damn delicious. Bonds are getting issued and funds are being closed.

                        Massive pools of money looking for decent returns are exactly what sparked the pre 2008 run. Pension funds and the like needing returns. Well, here we are again folks. The world is awash in cash or has access to free funds.

                        Single family homes are going to be removed from the market in a big way. I think 10-12% is already rental and it’s about to get bigger. They aren’t especially picky when it comes to price paid.
                        Christ - figured I’d give this a read from the start of the thread. You nailed it San.

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