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Beau Fannon
  • Real Estate Agent
  • Austin, TX
259
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229
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Good news about Corona virus!!!

Beau Fannon
  • Real Estate Agent
  • Austin, TX
Posted

If the virus survives into the warmer months, the Fed will likely lower rates at their meeting in late April.  Here's to another year of low mortgage rates!

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James Free
  • Rental Property Investor
  • Fort Collins, CO
327
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James Free
  • Rental Property Investor
  • Fort Collins, CO
Replied

It is true that calamity is likely to lead to lower mortgage rates, but it is not appropriate to celebrate calamities for doing so. 

There have been very harsh anti-landlord articles in the news over the years, and one of them actually quoted angry rants from the BP forums, using them to prop up the stereotype of the "greedy, evil landlord". BP was described as a place where we teach each other to screw over our tenants.

The next person looking to make us all look terrible might well use this thread to portray us as celebrating a pandemic. That's not a look we need.

Please consider the perspective of a person who's lost a family member to this disease.

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