But retail has trimmed physical footprint to defeat that---> yes, lot of store closing, but gov would say it'sretail/walgreens issue or Amazon issueI think people look at the wrong numbers sometimes, but yes in general jobless claims need to and will rise---->yes, more white collar job is affected but since they are rich in cash and rich in equity, that's not translateinto home price reduction so far.More and more evidence is showing that home price appreciation occured because of migration or transfer of wealthrather than the strength of local economy.

Only solution is hope FED cuts interest rates fast and deep, but all macro-data says US economy doing great with fed funds at 5.33% so foreclosure becoming only option.now if a Chimp with a learning disorder like me could see this coming, perhaps, the syndicators that charged high fees and had 5 different "share classes" saw it coming too and perhaps that was their plan all along?

I find it interesting that virtually every business in America is expected to maximize profits to the level possible in a free economy but a landlord (LL) that does the same is a “Predatory landlord”.  

Just curious if David quit to go on to something else or with this economy was David let go to save BP some money? 

It is almost harder for any of us that were doing this several years ago, because in 2021, money was flowing everywhere in the economy, so it was "easy".  

Yes, injecting a lot of out-of-state/foreign capital is great and certainly will help boost the economy.

What are the secrets to finding deals in this economy?

You had to have expected similar responses. and with loan rates, purchase prices and the economy, I couldn't imagine paying 25% to anyone unless they could guarantee some pretty high returns.

Everyone is griping about the economy and interest rates.

Economists:It is said that there are 4 phases of a real estate cycle: (1) RECESSION (supply greatly exceeds demand and high vacancy rate); (2) RECOVERY (rental growth remains stagnant with little signs of new construction but the economy feels like it is headed in right direction); (3) EXPANSION (job growth is strong and increased demand for housing.