Consumer Spending Cycle
Have you ever pondered how your life and real estate are interrelated?
Both are cyclical in nature. In our lives we have good times and not so good times, but everything passes, opportunities come and go, the same as Real Estate. Knowing and learning how to analyze both helps you determine what course of action you should take. Like is it time for a career change? or you should invest your savings into an asset that will return your investment plus?
By analyzing, studying, and learning how things evolve prepares you to make wiser decisions on how to proceed.
Consider the following graph:
Courtesy of Harry Dent Jr. The Demographic Cliff
If we are targeting our "avatar" audience where would that put you in terms of what product or service to offer?
Are you after multi family properties? Is your intended audience, Demographics there?
What does the Real Estate market currently tell you about multi family properties?
These are serious questions that you should consider.
I'll tell you my intended Demographics Gen X and Baby Boomers. Why? 10,000 are 65 years old every day. You may think, they are too young for you product and service. The answer is maybe, maybe not.
I offer a way to leverage real estate, by operating as Assisted Living Facility right here in the state of Florida.
While some folks have 1 tenant, my minimum is 6.
I AM the Ray Kroc of ALF's.
See I have studied the past, historical events on how the future may look and this particular storm started brewing in 1946 - the start of the Silver Tsunami; Baby Boomers!
This is the 1st time in history that the U.S. will experience this type of demographic retirement and need. Quite frankly "they" (government) are not prepared.
How do you address such a concerning event?
Zurama
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