@Alexander Ransom Yes, I believe that even if you get a HELOC and no money is borrowed, it will impact your DTI to some degree.  

The majority of families out there simply do not have the upfront costs needed to take out a mortgage and own a property.Going through the process...credit check, steady income, Debt-to-Income ratio....it is not possible for some.Maybe they are in the area temporarily because of unsteady work so buying a permanent house is not in the cards for them.There are so many reasons why people cannot buy, those of us who can and do own are lucky because we either have a good situation for it or we made a good situation for it.

Just curious if any BP members have seen market conditions impacted in their hyperlocal space where Amazon has constructed large footprint distribution centers.

We haven't seen the impact of the disappearance of the $600 weekly unemployment bonus yet, so the residential real estate rental business is going to be in for a doozy soon when all the unemployed cannot pay their rent.The Amazon/FedEx deals are with Cove Capital (and are $0 debt offerings, which is appealing to me as I only have about 20% debt to replace, rather than 50% or more), which is a new player in the market (offered by and owned by Kay Properties), but since they have not gone full cycle, I feel it's risky. 

A default impacts the lender.

It somewhat concerns me as I am uncertain how it will impact the local market when they collapse.

Think about the neighbors too... what would be the impact of noise and traffic?

Im torn, between the understanding that in Los Angeles County there is a real need for new housing. The benefits new housing does to the real estate market is good for potential home buyers and renters. The lack of su...

This is not a permanent situation though.

I'm also in the same boat as @Arlen Chou where my offer isn't impacted by what I have sitting in the bank.