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Supply and demand issue. Right now its more like low interest rates keeping RE market hot.
In most states the loss of interest and RE tax deductions would be the most likely to tank Market. Even here in NC RE taxes are rising and with the potential loss of Federal Dollars in the state those RE taxes will be going up. Its the big picture the GOP has shown us here.
Supply and demand issue. Right now its more like low interest rates keeping RE market hot.
In most states the loss of interest and RE tax deductions would be the most likely to tank Market. Even here in NC RE taxes are rising and with the potential loss of Federal Dollars in the state those RE taxes will be going up. Its the big picture the GOP has shown us here.
most dont buy real estate for the deductions, they do so because most real estate offers a 6-10% cap rate return on investments which is far higher than one gets in a bank with low risk of losses.
Barack Obama and Janet Yellen are the reason why there are so many homeless people these days with the huge asset bubbles in real estate.
Homelessness greatly increased in 2008 under Bush when the financial crisis hit and unemployment soared.
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