Dude it's boomers and Zer's that make up the majority of free and clear holders and many have multiple properties. I never realized this until I started tracking it 2 years ago through our database....It's what is causing the "Great Divide" economically in this country and will continue like I said until 2028-2030.....trust me....this is my wheelhouse.
You're right, no big businesses own houses in the Orlando market...much less Florida. What was I thinking.
URG....It's my wheelhouse....trust me. Look at the charts....the data doesn't lie. If there is upward pressure on home prices then there will be upward pressure on rental prices INCREASING profitability in investment homes until it passes....which will be 2028-2030.
No one is arguing that it isnt...RIGHT NOW.
When inventory supplies levels out to the demand of the demographic....until 2028-2030 any movement up or down is like a blip on the radar screen....same thing will begin to happen to the stock market sooner so buy the sh!t out of commodities that are WAY down right now and you'll probably hit a couple of 10 baggers enabling you to pay cash for your house well before they fall over after the end of the demographic shift....got it?
I see you aren't answer the question
Read the part....ya know.....right at the start where I say "When inventories......."I see you aren't answer the question
Read the part....ya know.....right at the start where I say "When inventories......."
There was a bill proposed recently that would ban investment firms from owning residential houses. It was intended to reverse this trend you're squawking about here. The bill would give them 10 years to divest their residential properties. The corporations absolutely DID drive up residential prices by overpaying in many competitive markets. Who knows what will happen when/if this trend reverses.
Yes we are both right but at different times....and I'm righter....
My point isn't if it will happen or when it will happen.
Gotta say the stock karma gods been on my side lately as I got in this morning....hitting refresh button all day waiting to dump...
Was logging into say the same thing. Nice call on that one. Can't believe it jumped 70% over DeSantis dropping out. Seriously? The guy had no chance. No one can derail the Trump Train except an assassin. Didn't hit my cost basis, but am happy to exit with only a 10% loss. So many great plays to make besides that loser. God save America!@Egor's Assistant DWAC returning to the scene of the crime....up 70% today....now's your time to get out
Up again in aftermarket....you didn't dump yet did you? It may have legs... My God man if Trump brings little Nikki to her knees tomorrow night this thing may retrace to it's all time high
My timing has sucked bigly as of late. Luckily, it's just another small position. So we'll lick our wounds and move on. It was quite literally a free speech donation to Truth Social.Up again in aftermarket....you didn't dump yet did you? It may have legs...
Yes. I finally unloaded my 3M last year when it went above 110 on the rumor of a litigation settlement. Dividend or not, they have way too much litigation risk for my liking. Another one along those lines is VZ. It had a big day today, finally, after years and years of BS and yes they have litigation risk regarding some lead cables but I believe it is minor compared to 3M and given the numbers VZ put up today with earnings and coverage ratio, that dividend is safe................for now. But speak to your own advisor or take your own advice LOL.
I've done decent on 3M because I bought some a few months ago when it dipped into the mid 90's. They settled the litigation shortly afterward and it went back to $110. I'm up about 10% on VZ after today. I think I'm going to hold both since I only have a few grand in each....I think a bunch of stuff will be going on sale between now and late spring....I'll be waiting with a fistful of Tbill cash.
