To: Governor Dinwiddie
Corporate speculation in real estate went on steroids the last 10-12 years thanks to the woefully unnecessary quantitative easing and ZIRP policies of the woefully incompetent Federal Reserve.
We're entering the hangover stage of this now that the Fed has decided to get its act together and raise rates to horribly normal levels. Corporate speculation in RE has dwindled and funds will be reallocated to areas that now offer decent returns that previously did not (such as bonds). Interesting times ahead.
53 posted on
12/31/2022 9:45:31 AM PST by
millenial4freedom
(The Democrat Party thinks men can menstruate! How can it possibly be right about everything else?)
To: millenial4freedom
“the woefully incompetent Federal Reserve”
************
Its not incompetent, it faithfully serves the interests of the financial elites quite well.
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