Not ideal but one must note the rate of appreciation markets in Cartagena, Bogotá, and Medellin have enjoyed in the past few years with economist predicting the country to maintain a healthy rate of growth and with properties not overvalued by North American standards. 

I used to post on this RE site in AU.. there was some sort of economist who posted.. everything was world doom and gloom ...

Of course, every economist will tell you that ROI is what matters and negative cash flow is OK if you have enough reserves.Now let me ask you a question: You invested in a property and hoping to get 15% return, but the property is not cash flowing.

Many economists and lumber traders are saying these price levels are here to stay for the next 6-12 months.

I’m not a economist, hence the questions). 

Even though The Fed has been slow to enact monetary policy changes, most economists see it coming.   

If the government, economists, or anyone could predict recessions, there would not be any as then they could take preventive measures to avoid them. 

you are a market genius and can make far more $$$ as a financial advisor or economist than a real estate investor. 

There is a reason why nearly every economist agrees that rent control is a disaster.

His capital is safe, so he thinks.I love to hear the doomsday economists, but I have yet to hear anything in this thread stating what they would recommend.