@Jordan HammWelcome to the vibrant BP community.

If we go into a tailspin it doesn't bide well for other countries and might hit a global recession.Most investment cycles go about 10 years but tax policies juiced out further a prolonged expansion.

The global economy has been interrupted.

Yet commerce has been irrationally shut down -almost globally. 

Rent control is quickly becoming a global phenomenon in major cities!

So our total/global net migration is positive.The other drive of population growth in California is births.

So theyll be ok with inflation at around 2.5% probably.Now the issue would arise if inflation starts to go above this, this would essentially force the fed into a tightening cycle which will have the unintended consequence of driving down asset prices and may trigger a series of other consequences as the cost of revolving credit goes up etc...Having said all that, I think this is a low risk since demographics, work from home, globalization and automatization all make the type of inflation seen in the 80’s a remote risk.

Or you could always use a HML like global integrity finance, they have 30 year loans at 4.5% and less regulation.

srnd=premiumAirbnb saw more nights booked for U.S. listings between May 17 and June 3 than the same period in 2019, and a similar boost in domestic travel globally. 

I read the Denver Business Journal because I am in Denver and I use FlipBook on my phone to keep informed on global issues.