Is the 1% rule gone?! I’m seeing around .70-.90 even in low val

[Brandon Goldstein]

Prices are up everywhere. I’m seeing yields being compressed at breakneck speed over the last 6 months, especially this month. Do folks think these prices are sustainable? The gap between home prices and median income is getting massive. That’s a good indicator of out of control pricing. Also a deterioration of the middle class. The haves and have not gap is getting out of control.