Equities are hot Potato - Is RE next?
In Q1 of 2015, $55 billion of outflows from equities according to this article. People are running for the hills - I believe it! A lot of this money is finding its' way into RE. Multifamily is overheated as all get-up, and now days everyone is a RE investor. If you got big money, then you are a fund competing against me in multifamily. If you got less money, then you are giving it to a turn-key operator some place in the mid-west to buy you some pigs.
One way or another, everyone is in RE - welcome to amateur hour y'all. Eventually, though, RE will become the hot potato that equities already are. When - that's the big question...
Any guesses @Serge S., @Brian Burke, @Brian Gibbons, @Account Closed ?