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Summary 97% of real estate investors plan to increase their capital allocation to real estate in the next 18 months. Why? Real estate remains one of the last asset classes with attractive total return and income generation potential.
Our 7.5%-yielding portfolio of undervalued REITs is well-positioned to thrive in this environment. Looking for a portfolio of ideas like this one? Members of High Yield Landlord get exclusive access to our model portfolio. Get started today »"
5 days ago - During the housing boom, Bill was often “turning around” 14 houses at ... The housing market melted down in 2008, and the average home lost ..."
"Housing Stocks Are Booming
In February, I told my readers why buying homebuilder stocks was a near lock to make you money in 2019. I recommended buying homebuilder NVR Inc. (NVR). If you bought NVR back in February, you’re sitting on a 45% gain. Meanwhile, the S&P 500 is up around 10%, as you can see here:"
In other words, a whole generation of homebuyers will soon flood the market. At a time when there is a massive shortage of homes in America!"
"But with the housing boom showing no signs of slowing, they’re finally getting to work. This past month new home “starts” jumped to their highest level since June 2007. And the number of building permits granted shot up to its highest level since May 2007."
But you buy into Trumps lies and manipulation. Why is that?
I have a very well paying job, the company I work for is having another record year in sales. We supply products to industrial and medical device OEMs and their businesses are booming. I have a house worth almost a million dollars in a beautiful coastal city that I can comfortably afford.
My employer is building a factory in Asia outside of China and shifting a significant portion of our raw material supply chain out of China due to tariffs. I have seen firsthand that manufacturing is fleeing China and the tariffs are working.
We struggle to find hourly workers for our US factory and are paying them far better than ever before.
I have a wonderful, stable, comfortable life and no longer have to deal with a racist president that condemns me for it. Furthermore, democrat policy and the decisions made by democrat appointed judges has directly made negative impacts on my life in the form of taxation and handling of the local vagrant street zombie population.
The Trump economy makes my life great. Democrat policy detracts from it.
And oh by the way, all the Democrat candidates hate white males and the rich.
This seems to be the central argument of Trump and his supporters. Their argument is that everything is great and that any pessimism of economic conditions is a creation of Democrats and the media. The data tells us the truth, and people know the U.S. economy isn't doing all that well. People know it because their paychecks are not increasing fast enough to keep pace with increases in the cost of health insurance, automobiles, groceries, and higher education.
Think about this for a moment.
In 1985, the cost of a new Honda Accord was around $9,000. Today, it's around $24,000.
In 1985, real median household income in the U.S. was around $53,000. Today, it's roughly $63,000.
So in 34 years, the cost to buy a mid size family sedan has gone up by 90%, but real median household income has only increased by 19%.
I went back to the 1980s, but let's make this even more recent.
Donald Trump won the 2016 election in part because people are tired of stagnant wages and rising prices.
Real median household income grew by 1.6% between 2016 and last year. The total consumer price index increased by over 4.5% in that same time period. That's faster than the 1.4% increase between 2014 and 2016.
Quote:
Originally Posted by rstevens62
Something crazy with the real estate/housing market around my area, not many people buying houses right now, but at the same time, we have like 500K 'custom home builders',all of which are busy as can be, throwing up new subdivisions left and right!! Maybe they need to step back, start having their crews work 3 day work weeks instead of 5.
It kind of reminds me of Coke and Pepsi delivery drivers, they come in usually once or twice per week to deliver to our stores, now they are talking about coming MORE...but Ive had to tell the driver the last few times, we DO NOT need half the stuff you deliver...but it always seems like they want to cram as much as possible on us, its like they dont realize we arent selling THAT much of their product!?
I think the construction industry has been completely screwed by the Federal Reserve's manipulating of interest rates. If the market determined interest rates, rates would be low during a downturn and would increase as the economy grew. So the construction industry would be able to borrow money to build homes during a downturn since they themselves would be able to borrow money at low interest, but then they'd be able to sell the homes during a period of expansion when consumers would have more disposable income to be able to afford home ownership.
What we have today is over a decade of low interest rates and people taking on more debt, so the construction industry sees people spending a lot, but the signs aren't there for them to be able to tell what is a good time to build and what is a good time to sell.
Quote:
Originally Posted by sandsthetime
The OP has more conservatism in his little pinky than you do in your entire body.
I appreciate your comments here and you are right.
Quote:
Originally Posted by LifeIsGood01
His supporters don't care about anything bad he does and many do not know all of the bad things he does because they don't watch any news that reports it. Which is why he still has close to 90% approval in the Republican party. Some know and don't care espcially the rich who are saving millions or billions on taxes. They don't care about what he does they just like what he says at rallis and how he makes them feel, it's about feeling not actions.
Well said.
Quote:
Originally Posted by Quick Enough
You made the claims NOW provide REAL data to back them up.
"Why is the real estate market struggling?"
" Bursting Bubble Or Booming Market: Real Estate In 2019
Summary 97% of real estate investors plan to increase their capital allocation to real estate in the next 18 months. Why? Real estate remains one of the last asset classes with attractive total return and income generation potential.
Our 7.5%-yielding portfolio of undervalued REITs is well-positioned to thrive in this environment. Looking for a portfolio of ideas like this one? Members of High Yield Landlord get exclusive access to our model portfolio. Get started today »"
5 days ago - During the housing boom, Bill was often “turning around” 14 houses at ... The housing market melted down in 2008, and the average home lost ..."
"Housing Stocks Are Booming
In February, I told my readers why buying homebuilder stocks was a near lock to make you money in 2019. I recommended buying homebuilder NVR Inc. (NVR). If you bought NVR back in February, you’re sitting on a 45% gain. Meanwhile, the S&P 500 is up around 10%, as you can see here:"
In other words, a whole generation of homebuyers will soon flood the market. At a time when there is a massive shortage of homes in America!"
"But with the housing boom showing no signs of slowing, they’re finally getting to work. This past month new home “starts” jumped to their highest level since June 2007. And the number of building permits granted shot up to its highest level since May 2007."
I have a very well paying job, the company I work for is having another record year in sales. We supply products to industrial and medical device OEMs and their businesses are booming. I have a house worth almost a million dollars in a beautiful coastal city that I can comfortably afford.
My employer is building a factory in Asia outside of China and shifting a significant portion of our raw material supply chain out of China due to tariffs. I have seen firsthand that manufacturing is fleeing China and the tariffs are working.
We struggle to find hourly workers for our US factory and are paying them far better than ever before.
I have a wonderful, stable, comfortable life and no longer have to deal with a racist president that condemns me for it. Furthermore, democrat policy and the decisions made by democrat appointed judges has directly made negative impacts on my life in the form of taxation and handling of the local vagrant street zombie population.
The Trump economy makes my life great. Democrat policy detracts from it.
And oh by the way, all the Democrat candidates hate white males and the rich.
Who would you expect me to side with?
Yep! So many people are doing well due to the economy (my household, too- income up). It's crazy to think how so many people want to vote against their own interests because Orange Man Bad says mean things.
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