A market frenzy, yes, a top, maybe. The raw cash flowing in has made this a vastly different market from the 06-07 stupid money bubble. That was driven by stupid money flowing via “liar loans” into mortgages to create and then securitize the mortgages. This time, it is investor money buying rentals. There may actually be another couple of years left in this bull market in real estate.
> This time, it is investor money buying rentals.
The investor money is coming from the trillion$ that are being pumped in by the Federal Reserve. With inflation flashing warning signs, they are are giving signs that they’re going to take their foot off the gas pedal.