Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x

Posted about 2 years ago

32% of Workers are running out of Money between Paychecks!

Just saw this statistic.  

32% of Workers are running out of money between paychecks.

This includes workers making over $100k

This seems crazy, but the recession is coming.

The FED and Congress flooded the economy with "Helicopter Money" and this temporarily made people comfortable.

Now those same people have lost their buying power due to the anticipated inflation, and have used up their savings.

The answer is NOT MORE GOVERNMENT HANDOUTS, but allowing the market to sort things out. 

This should make asset prices fall when people simply can't make their payments.

Unfortunately this will also make it harder for your tenants to pay their rent.

This is a good opportunity to search for deals.



Comments