All of this new money pouring out of stocks has to go somewhere? real estate? Maybe.
All of this new money pouring out of stocks has to go somewhere? real estate? Maybe.
I doubt smart money is going to put more money into RE on the cusp of a probably Housing downturn.
NY investment firms have been buying up vast ares of forest in my area of Florida under the assumption it will be rezoned for commercial/residential use in the near future. That won’t be happening now and they are stuck with a bad investment.
For every seller, there’s obviously a buyer. The money is just changing hands.
All of this new money pouring out of stocks has to go somewhere? real estate? Maybe.
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