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RE: The Plan, Hide Data & Bring The Stock Market Down - Episode 1618a

in #housing6 years ago

as long as they don't suddenly hike the interest rate it should be fine, housing inventory is quite low and the market is quite hot. The housing market far from being overheated or ready to collapse though, we aren't seeing people paying way too much for multi families to try to do condo conversions, that's when you know it's getting ready to shit the bed. When people start paying more for investment property than the property generates in income, when the rent rolls don't cover the mortgage, then be afraid.