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Former HUD Secretary: Congress 'should invest $100B in direct rental assistance'
The Hill ^ | 07 01 2020 | J. Edward Moreno

Posted on 07/01/2020 6:22:33 PM PDT by yesthatjallen

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To: ladyjane
".... You think there is going to be a big real estate dump? LOL..."

........ If the property is too expensive to keep ..... Yes ... It will be dumped ... both commercial and private.

21 posted on 07/01/2020 10:01:25 PM PDT by R_Kangel ("A nation of sheep will beget a nation ruled by wolves")
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To: ladyjane

[[[If you are in New England, NY, NJ your market is in trouble. ]]]

Upstate is being inundated with people fleeing NYC.

I believe there is going to be a big realignment in where people look to live and it ain’t going to be in cities.

Once the financial sector bails out of NYC, and its coming, turn out the lights.


22 posted on 07/01/2020 10:02:03 PM PDT by headstamp 2 (There's a stairway to heaven, but there's also a highway to hell.)
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To: Cedar
"... But who will those new investors be? People from China? Muslims from Saudi Arabia? The wealthy class from India? More of our country being bought up by foreigners most likely...."

.......... Sadly .... It's like we are selling our birthright to buy a bowl of soup.......

23 posted on 07/01/2020 10:04:34 PM PDT by R_Kangel ("A nation of sheep will beget a nation ruled by wolves")
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To: yesthatjallen

Didn’t Ben Carson find that HUD was missing a couple billion dollars once he took over? Maybe I’m thinking HHS?


24 posted on 07/02/2020 7:11:44 PM PDT by Tailback
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