What happens next in the economy - Change My Mind!
What happens next in the economy…
- The Fed will loose control of inflation, as they never really had control of it.
- Corporate debt service default will increase in droves, starting with pensions and retirement funds.
- The Fed will cause a major debt spiral accelerated by bond buy backs it can not afford to do, in-tern being forced to let inflation take its course much higher.
- Lending will become extremely tight in real estate, with only those who have strong relationships and track records having access to debt.
- Multifamily rental properties purchased right with lower rent expectations will prosper, as a larger population will be forced to become life time renters.
- Investors poised correctly will prosper, as opportunities will be in abundance from those who bought wrong within the past 2 years. Especially those who run their business on the 6 month flip model.
Change my mind….