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Re: "There Is An Acute Crisis Coming", Apartment Developer Predicts

By: Decomposed in POPE IV | Recommend this post (0)
Sun, 18 Feb 18 6:21 AM | 81 view(s)
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Msg. 44326 of 47202
(This msg. is a reply to 44318 by capt_nemo)

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Nemo:

Re: “people are spending proportionally more on their rent — so much so I believe there's an acute crisis headed our way.”

Perhaps. I'd kind of like the real estate market to hold together for another few years. I just got back from looking at condominiums in Southern Virginia. We have our fingers crossed on one. We just sent the realtor an offer...




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The above is a reply to the following message:
"There Is An Acute Crisis Coming", Apartment Developer Predicts
By: capt_nemo
in POPE IV
Sun, 18 Feb 18 2:59 AM
Msg. 44318 of 47202

"it is a tale of two cities. In the middle income and the lower income markets, people are spending proportionally more on their rent — so much so I believe there's an acute crisis headed our way."

http://www.zerohedge.com/news/2018-02-17/there-acute-crisis-coming-apartment-developer


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