Housing Bubble 2.0

[Hersh M.]

http://www.businessinsider.com/housing-bubble-2-ha...

Interesting article. The Dallas magazine cover is also very catchy. 

Overall, we are seeing Fed interest rates so low and for such a long time, that it has never happened before if I am not wrong. Interesting times we live in.

Home ownership rates declining. Hence rental vacancies declining too and rents rising. While wages  stagnate. 

[Tom Brooks]

The outlook for buy and hold (particularly sfh and quads or smaller ) is looking good in my opinion. We have low interest rates and people are renting more than ever with low home ownership rates. Unfortunately for many we also have stagnant wages. I think this is likely to keep people renting and vacancy rates low. I hope that wages increase with inflation so we can see rent increases along with "lower" debt because of inflation. That theoretically would give us greater noi over time along with a low vacancy rate because of the market.