Gamestop, the market, and rentals

[Nathan Fisher]

I'm keeping tabs on the GME Short Squeeze and the broader affects on the market. My hometown is seeing rising rental property prices, and OOSI is driving a lot of it.

For rental properties, do we see a drop in prices as major investors lose a big chunk of their investments? Or do we see more interest in rentals as a less volatilie investment?

thoughts?

[Taylor L.]

Everything happening right now with GME is still far too short term to impact the real estate market, in my opinion. Hedge funds right now most likely do not see rentals as a potential way to 10x their investment, and I doubt they will until something changes. In shorting GME (or any other stock), they're taking potentially infinite risk for potentially finite gain. They're also not terribly unlikely to receive massive bailouts, but that's another matter.

They're not playing the same game as us Main Street investors, who look to manage risk and potential downside while seeking solid gains. Congress, the Fed, the Treasury, the media, and exchanges aren't going to team up to protect us, we need to do that for ourselves.