A lot of real estate investors are going to find out the hard way how much it sucks to do business in California. There is going to be a tsunami of foreclosures of rental properties in California. And if history is any lesson, President Trump will be blamed for it all.
“There is going to be a tsunami of foreclosures of rental properties in California. “
And the landlords/banks will be left holding the bag.
Banks will get a bailout. Not landlords who lose everything.