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Updated almost 3 years ago on . Most recent reply
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Controversial Takes on Investing and The Current Market
Please reply with your controversial beliefs or hot takes on the market.
I would love to start conversations around anything and everything.
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I'm not sure if this is controversial or just downright mean, but I'm having difficulty finding sympathy for people right now that are suffering from inflationary rental prices. They've literally voted for this for years by making it difficult/expensive to build in certain locales, flooding trillions of dollars into the market, suppressing interest rates so we're a country of cheap credit junkies, creating a class of American that sits somewhere between a renter and an owner with rent control laws in that they have ownership privileges in every way except that they don't actually own the property, etc. I just keep thinking, "sow the wind and reap the whirlwind". I hope they learn something as they take these knocks.
Also, I feel like STRs are changing the metrics of what a "safe" real estate investment is in dangerous ways for those that may not fully understand the STR game. I know I don't, so I'm probably wrong on this one...