![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/622376/small_1621494005-avatar-lloyds4.jpg?twic=v1/output=image&v=2)
Economic Update
(Monday, August 10, 2020)
The resurgence in coronavirus cases is sidetracking an economic recovery that gained steam in May and early June, slowed in July, and now indicates a rocky path ahead. ...
[WARNING: The following post contains satire and might not be suitable for some audiences. Read at your own risk!]
I was absolutely e...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2879666/small_1700537799-avatar-joshs816.jpg?twic=v1/output=image&v=2)
This article presents different datapoints and graphs to consider when thinking about the future of the economy.
https://www.biggerpockets.com/blog/gdi-weakness-paints-picture-of-a-weaker-economy-than-we-think?utm_s...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1155694/small_1621509691-avatar-brianj167.jpg?twic=v1/output=image&v=2)
We are all aware that the GSE’s Fannie Mae and Freddie Mac buy a large share of mortgages. This is believed to help put liquidity into the home buying process by taking these loans off the books of banks and mtg compa...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/9/small_1621345214-avatar-biggerpo.jpg?twic=v1/output=image&v=2)
This morning I heard a report on CNN and was blown away by the numbers.
The total amount that we've borrowed since 2008 in all the bailout plans so far amounts to a RIDICULOUS $10.8 TRILLION!
Check this page out for...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1164770/small_1621509770-avatar-marisar10.jpg?twic=v1/output=image&v=2)
I thought I would post this link, think this is a very interesting article on the state of the US economy positive.https://gordcollins.com/economy/us-update-predicti...So in essence the article its pretty much saying ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1707172/small_1621514931-avatar-michaela891.jpg?twic=v1/output=image&v=2)
I'm a first time investor and am scheduled to close on my first SFH April 3rd. I am buying the house for $37/sqft - others on the street have sold in same condition as it will be in post rehab for $75/sqftClass B/C -...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1015408/small_1720324590-avatar-dantea5.jpg?twic=v1/output=image&v=2)
I'm looking to invest around 300k on a beach villa in the Dominican Republic ( Gated Expat/ tourist community or buy something in the US. I can't afford anything else in Southern California where i live. Any suggestio...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/622376/small_1621494005-avatar-lloyds4.jpg?twic=v1/output=image&v=2)
Economic Update
(Monday, August 31, 2020)
The US economy got crushed in the second quarter, with the worst decline in real GDP for any quarter since the Great Depression. However, the good news for real estate...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/684131/small_1685134136-avatar-andrewp125.jpg?twic=v1/output=image&v=2)
Back during the housing crises there seemed like an almost daily update of companies going under, job loss, foreclosures, etc. And while we aren't there we had a pretty big announcement today after Fannie Mae and Fred...