Is it a bad time to invest?

[Kazumi Boyd]

Hello friends. My wife and I live in Oregon and we want to buy our first rental, but the interest rates and the housing prices in Portland are very high. A 3-bedroom house starts at $450k. But I'm getting the feeling to wait until after the election to see who gets into office before we pull the trigger. Without getting political here obviously if we remain on the current course of policy we will see another crash like we saw in 2008. Am I overreacting? Should I proceed with looking? 

[Kazumi Boyd]

Quote from @Dave E.:

@Kazumi Boyd my one regret about investing in real estate? Waiting. The stars will never align. The time will never be perfect. The only thing that matters is that the numbers work. So keep looking until you find a deal where the numbers work and start. Waiting won’t help.

 good advice

[Kazumi Boyd]

Quote from @Dave E.:

@Kazumi Boyd my one regret about investing in real estate? Waiting. The stars will never align. The time will never be perfect. The only thing that matters is that the numbers work. So keep looking until you find a deal where the numbers work and start. Waiting won’t help.

👍 thank you,Dave!

[Pierre E.]

@Kazumi Boyd

Everyone says cant time the market

Everyone says its always a good time to invest in real estate

I think those are true… but I also get that until you are at a deal flow of a certain level, you dont have enough ammunition to “take shots” at a regular pace… and if you dont really have a regular pace… or if you have ONE bullet for a year or maybe 3 or more years…. How should you use that bullet? Its like in the wild… do I use the bullet to kill a bear charging at me, which might be never? Or do I use it to take down some elk and eat well? Or do I save it and try to hunt with a bow and traps?

I don’t have YOUR answer… but my answer as I had thought about this… keep moving forward. You cannot predict what ill happen, but you (me) should always do one of two things… take action… or prepare to take really good action. Theres not as much glory in the preparation… but what I realized is if I have a plan, and I am strategically preparing to exceute that… im ok. It not the “Key action” I want but its action to prepare for the next key action.

If I am saving up to be able to buy a great deal, or if I have specific criteria, or if I decide I am going to pay down debt while I learn how to do out of state investing… including using some funds to get resoucres do training or find mentors etc or fly and build a team somewhere.. I am preparing for action. If I am jjust holding my bag and waiting for the market to change… thats not preparation. Unless I have very sepecific clear reasons, and high probability, and a plan.. I need to be doing more than that. Whatever my next key action should already be decided, and then I build toward it no matter how long it takes.

In the wilderness example…. It would basically be preparing for two key actions at once. If there is enough food to eat without sing the bullet, keep doing that. Then fortify my self and area to defend against a bear to reduce the need for using the bullet like that. Eventually, it will come to the point where either theres absolutely no need for the caribou, so i hold the bullet, or theres no need for worrying about a bear…

That is how I currently look at it as a rookie. I dont have seasons advice to give you… just sharing my own situation.

(Currently one goal is to learn how to invest out of state, so i go where the market is best for me, and then two, is reduce the bottlenecks and create a plan to scale, both to reach a goal of financial independence via real estate)

Good luck!

[James Hamling]

Quote from @Kazumi Boyd:

Quote from @Jeremiah Dunakin:

Quote from @Carlos Ptriawan:

Quote from @Jeremiah Dunakin:

Quote from @Chris Watkins:

Hi Kazumi, welcome to the forums!

The effects of a particular president (or even governing party) would likely be small on the major economic forces that drive real estate. Presidents actually have little effect over the larger economy (positively or negatively) that the preside over.n’t win a title. Or Elon musk doesn’t really factor into Tesla 

 It is because it's being exaggerated so much as it's discussed widely in social media , while the data showing it's almost meaningless. Yes political has its influence but not so much when we carefully access the data and information. 

The biggest immigration after all is still going to Sacramento, these are mostly retirees age level or Baby boomers generation moving out from high-productive-economy to more retirement-area-suburb and also new development in that area, as the area is new growth.

The driving force is mostly because of high cost of living, people is moving to more affordable place.  But whoever ruling the country, the high COL place is almost high COL that drives people out.

 I appreciate a level headed conversation.To further here is where I differ.

The media can say what it wants. The facts are still the facts. That is an area where people have willful ignorance because the facts don’t back up their chosen party. 

The data really isnt really meaningless. It may not  be what we want to hear and go on emotion and feelings. The data in every American’s pocketbook says that inflation is out of control. I gave examples of main things that affect main streets money. Chicken is twice as much as it was if not a little more than twice. Gas is twice as much. A 2x4 is twice as much. In November 2020 including the huge dip from lockdowns factored in my investments were up about 45% return. They have since gone to the negatives and just now rebounded to sub 10%. That is a lot of money to lose. The cost of a mortgage 4% higher in intrest than it was. You get less house for the money. Most people it takes them out of the equation for even owning a home.

The policies of certain areas within the last 3 years have been disastrous for people. Crime is through the roof this is data not my feelings. California has had a loss of people for the first time I think in history. Sacramento might have lost people to the suburbs but I’m talking the whole state. These people and buisness are fleeing the policy of the lawmakers the small buisness can’t afford the crime major buisness can’t either and it’s becoming a passed on burden to the rest of us. These are data points.Look at the firms moving out of nyc and Chicago places moving out of Portland and Seattle. These are huge firms. They are going to different political landscapes. 

The cost of living is a direct correlation of political governmental policy. California,New York, Chicago, all have common political ideas. Meanwhile Texas,florida, Tennessee all have a similar trajectory. To me that is a direct correlation. The numbers don’t lie. My company has benefited because of California regulations and had to move production out of there. 

The high cost of living can’t be dismissed with luck or chance. There is a reason there is a high cost of living in those areas. The is a reason the cost of living is different in other areas. It has nothing to do with sunshine. 

 Klaus Schwab and the members of the world economic forum are most likely the ones who have the power to influence markets. As they are the un-elected ones funding those who set policy. Unfortunately (in my opinion from my 20+ years of research into the deep state, ruling class billionaires) my assessment is that they are doing everything they can to de-stabilize the world economy so they can usher in the pre-made solution. Which is a one world govt, currency and ultimately religion. This is not a conspiracy theory any more. They freely talk about it at Devos every year. As Klaus says "ziss is zee new world ordah". Ultimately we will not be allowed to own property. That's probably 20 years out but its coming. And that's not speculation. Its in their own literature.. Klaus Schwab said (and I quote) "You will own nothing and be happy". These people are ultra rich psychopaths who have nothing left to do but fulfill a destiny that was forged a long time ago. To some of you this might sound wacko but I don't want you to believe me. I want you to research for yourself Please. This is what I consider when investing, 

Well.... that sure is, something.... 

I don't know how with 20+years of research all you have to show for it is Alex Jones slogans. 

No, ownership will not be "removed". Factually, it doesn't have to be. KS statements are more a declaration of an observation than a projection of the nefarious plans of a cabal.    Simple fact-in-hand; how does it work when a person "buys" a home? 

The vast majority of big ticket purchases are now done on financing. So who owns that home, car, etc. that you bought on financing? Do you own it? No, no you don't. You own the USE of it, with the ability to actually own it, the BANK own's it, and they gave it to you to use as long as you adhere to their terms. 

That sure as heck sounds a lot like "They will own nothing, and be happy". 

It's here, now, today, we are living this now and people are so content in themselves they are oblivious to this very simple, basic, OBVIOUS fact. 

One who does as much as 2hrs of research will find in 1-lifetime this paradigm of ownership has vastly changed. Pre-1940's/50's financing was a rare event for the average American, looking nothing like it does today. If in 1935 you went to the bank to get financing to buy furniture or clothing they'd laugh at you. Today, it's available at check-out. 

Everything today is "on-credit". From homes too toilet paper, financing to purchase you're everything. Mention one living within their means and the popular response is now "oh, I am, I can totally afford the monthly payments"....... 

The banks own your everything, and you ARE happy about it. 

And in that, your in servitude to the bank. You have become a profit-slave to the bank, and don't even bat an eye at it or think about it one bit. So much so that as they even tell you of this paradigm shift you look for lizard people to pop out of secret bunkers to enact such, when your already living it. 

Sometimes, things are simple. Financing in every aspect of life is the "you will own nothing and be happy". 

I see it every day in app's, trade-lines a mile long. People speak of all they "own" and that they "only owe" __x__ amount on it all. Well if you owe on it, you don't own it, the bank owns it, your using it. 

And this new reality is a total game-changer in economics. Never in history has such a thing existed, ever. Finance consumer debt is nearly at GDP of the us, think on that for a moment. $17.06 TRILLION with a T in consumer debt. Add on the $12.01 TRILLION in mortgage debt and it IS more than the entire US annual GDP!    This all happened in 1-lifetime, ONE!

In 1946 gross household debt stood at just 15% GDP, around 2008 is when it first hit 100%, and it's been climbing still. 

And why hasn't anyone said anything? They have!  https://www.stlouisfed.org/-/media/project/frbstl/stlouisfed... "The Great American Debt BOOM, 1949-2013"

The financial servitude is not coming, it's here, long been here, and we are well into the life of it. KS statement is not a promise of things to come, it's a declaration of what-is. 

[Steve Vaughan]

It's never a bad time to invest in a true opportunity we control.   

It may be a bad time to use traditional ways (like the MLS) to find a good investment or a bad time borrow. It may be a bad time to buy securities we have no control over.

Even though I exited and don't hunt on the regular anymore, I still send a few postcards a week to tired landlords going through repairs, turnovers, etc.  I am happy to analyze and underwrite each opportunity individually no matter what other market forces exist.    

It's always a good time to invest in a great opportunity, usually found off-market.   Know what that looks like 👍

[Travis B.]

I'm still investing. 

Everyone is looking at the last 5+ years where rates were artificially low and the pickings were easy. 

The game has changed. You either adapt or sit on the sidelines waiting for what was familiar... but it may never come again.

Go out of state and find cash flowing markets. If they work today you will look like a genius if/when rates come down.

As much as people like to think a crash is coming I just don't see it. There's no good reason for it to happen. Lending standards have been far tighter than they were in the lead up to 2008. People are locked in to crazy low rates. But most important... there's just no inventory.

Yes, that last one could change but I just don't see it happening.

My guess is we see flat prices in 2024 and then the next leg higher in pricing starts in 2025. People will absolutely lose their minds.

What if the real housing crisis isn't a crash but rather continued unaffordability? 

[Carlos Ptriawan]

Quote from @Travis B.:

I'm still investing. 

Everyone is looking at the last 5+ years where rates were artificially low and the pickings were easy. 

The game has changed. You either adapt or sit on the sidelines waiting for what was familiar... but it may never come again.

Go out of state and find cash flowing markets. If they work today you will look like a genius if/when rates come down.

As much as people like to think a crash is coming I just don't see it. There's no good reason for it to happen. Lending standards have been far tighter than they were in the lead up to 2008. People are locked in to crazy low rates. But most important... there's just no inventory.

Yes, that last one could change but I just don't see it happening.

My guess is we see flat prices in 2024 and then the next leg higher in pricing starts in 2025. People will absolutely lose their minds.

What if the real housing crisis isn't a crash but rather continued unaffordability? 

 Historically it is always continued in affordability …

remember USA is still the cheapest average in housing compare to G7 country.

when we have 30yfrm we actually can’t complain 

[Nicholas L.]

Agree with a lot of the posts so far.  And I am certainly still investing.  BUT, it is harder to cash flow on LTRs than it was a few years ago.

Does that mean not to invest?  No.  

Does it mean that people listening to the original podcasts from 10 years ago are going to be disappointed that you can't buy any old SF on Zillow and net $632 a month on it in month 1?  Yes.

@Kazumi Boyd so should you LOOK?  Yes.  Should you buy something because you found BP, even if it's a bad deal?  No.

[Crystal Smith]

Quote from @Kazumi Boyd:

Hello friends. My wife and I live in Oregon and we want to buy our first rental, but the interest rates and the housing prices in Portland are very high. A 3-bedroom house starts at $450k. But I'm getting the feeling to wait until after the election to see who gets into office before we pull the trigger. Without getting political here obviously if we remain on the current course of policy we will see another crash like we saw in 2008. Am I overreacting? Should I proceed with looking? 

 Should you proceed with looking?  Yes & No.  Regarding no- I'd encourage you to study the market more.  There's more to Real Estate than single-family home rentals in Oregon.  You can explore multifamilies, commercial, and syndications,....  Although I have not been to Oregon I imagine there are Single family homes available for less than $450K in the state of Oregon.  I put State in bold I imagine Oregon has many different submarkets where there may be opportunities for much less than $450K. Note:  $450K is most likely the move-in ready owner-occupant homes and maybe you should be targeting homes that are not move-in ready and need improvements.

Regarding Yes- In my opinion trying to time the market is a fool's game. With the exception of flipping single-family homes, we've always considered the market a long-term play.  Long-term for us means making our expected returns in 5 years or less.  Also when we invest we try not to rely on one exit strategy. So yes- invest for the long term.

Regarding the 2008 crash & the upcoming elections- You should create a business that is not dependent on who's in office or can quickly pivot no matter who is in office.  Waiting to see who's going to be elected means you'll always be waiting.  

[Carlos Ptriawan]

There's one very interesting phenomenon in the last three quarters :
- Most of CRE space asset class has all worsening cap rate, from MultiFamily, commercial to Retail space. In average, their cap rate is falling back
to 2020 level. Most of these asset class, are having cap rate between 5 to 6% now.
- Why this is important, because it may affect rent growth, affordability,etc and future trajectory of Fed rate.
- In today's environment, the spread of mortgage is so wide that if we invest based on historical basis, we could just buy RMBS
- Now we know inflation is 3% is achievable, so if Fed is setting up FFR into 3-4%, with spread of 2% then the mortgage rate for 30 Years would be around 5% to 6%.
- So lets say we're in 2025, we see the cap rate of CRE is 5-6% , and 30YFRM would be around 5-6%. There's almost no gap there between cap rate and rate. Is it bad or good ? it's both, meaning there's stability and supply may still not increase much which may indicate that future pricing is more dictated by the available supply rather than interest rate.
- Which is also interesting is that for the next 12 months, Zillow just reduced their appreciation model from 6% to 4%, so lets say Zillow is wrong, with appreciation is only 2-3%. That means the rate of appreciation would be less than the mortgage rate or almost flat like @Travis B. mentioned above.

In situation like this, economically speaking, it's always best to do the most profitable business , for example, it's more prudent to have primary house first and then do househack ; rather than buying off two or three properties. Once you settle on primary, then you invest, split the money 50 50 for example, between equity investment (buying rental) and debt investment (note equity).  

What I can tell you now, do NOT buy CRE assets, until Fed has reduced its rate. 

[Melissa Nash]

It's never a bad time to invest. The good thing about real estate investing is the Math is the Math. So when you run numbers a positive return is a YES and you should invest. Because that is only 1 reason to invest. The reasons for investing are much more than just cashflow, that is 1 tiny tiny part. 

1. You invest because your money sitting in a bank is loosing $ every year bc inflation is high and your dollar is going down in value. 

2. You invest because they are not making any more land.... so land always goes up in value

3. You invest for tax benefits - the ones that the wealthiest people in this country created 

3. And you invest because the tenant is basically buying you a free house........ and you get all the benefits. 

4. There is a reason the wealthy are wealthy. They created the rules. 

5. Money is cheap... even at 7%... borrow that money and invest!!! 

Best of luck!

[Nathan Harden]

I always say the best time to invest in Real Estate is yesterday. Do not wait. Let me ask you this. When is the perfect time to invest in Real Estate for you?

Present- High Interest rates, economic uncertainty, less competition

2020(ish)- Crazy low interest rates, inflated prices, immense amount of competetion.

The point is that there will always be risk so why not take the leap sooner rather than later? Anytime in the market cycle will have pros and cons. The grass is not always greener and the ones who say "I will wait" are the same ones who will be saying the same thing in 10 years because the truth of the matter is that investing is intimidating and there never is a perfect time because we can only predict what the future may forecast but never know for certain.

Think of it like stocks. Just because you missed investing in Amazon when it first hit the market at pennies on the dollar, that doesn't mean that you missed making money. Even if you invested years later, there is still PLENTY of meat on the bone for a healthy profit. 

Long story short. If you want the life you've never had, you must be willing to do something you've never done.

Take the leap.

Best of luck!

[Julien Jeannot]

There never is a bad time to invest. Its a matter of what strategy you apply.

[James Hamling]

When is it a good time to buy a Bad Deal?       (A) Never

When is it a bad time to buy a Good Deal?       (A) Never

How to know if a deal is good, or bad?        (A) You run the deal, do the analysis, run it down, ignore the noise and follow the math. 

It really is that simple. For every day, in every market, in all times, of every cycle, for every investment. Always and forever. 

The ONLY thing that changes is: What a good deal looks like, and how to best find it. 

That's it, that's all, there is nothing else. No, Nostradamus Realty is not open, there is no guarentee of future returns, not ever. If you think all you need is another "collapse" your only lieing to yourself. In another collapse you'll be doing the exact same thing, asking if it's a good time, will it go lower, will it come back, should wait or act?     Facts. 

I was there in '09', as an investor. #1 thing people said to me was "your crazy, your gonna loose everything".    People sat the sidelines "waiting". And in 2011 they said I was spot-on in '09' but, oh I am nuts what I am doing then. And in '13' genius for what i did in '11'. And so on and so fourth over and over and over again this cycle has repeated as recently as people now in '23' saying I was on the $ in '21/22' but oooh-aahhh what I am doing now, oh-it's scary, what-if what-if what-if but-but-but aaaand..... wait. 

If the sum total of your lens is backwards, staring into history lamenting for a mulligan, you will NEVER have a future. The future is created, not timed. 

The coward dies a thousand deaths, the valiant taste of death but once. 

[Dave E.]

@Kazumi Boyd I will add that J Scott wrote a great book about the best real estate strategies during different times in the market cycle. It’s not perfect for all situations, but generally good info.

Recession-Proof Real Estate Investing: How to Survive (and Thrive!) During Any Phase of the Economic Cycle

https://a.co/d/629G1vr

[Dominic Ponce]

Quote from @Chris Watkins:

Hi Kazumi, welcome to the forums!

The effects of a particular president (or even governing party) would likely be small on the major economic forces that drive real estate. Presidents actually have little effect over the larger economy (positively or negatively) that

the preside over.

Interest rates are a real concern for investors, especially us in the NW with prices where they are. The demand to 

live here, coupled with the lack of supply will govern housing prices for the next decade, and insulate the region from a larger drop, even if other parts of the country drop (which I don't believe will 

happen, at least not like 2008)

An investment property should be looked at as a long-term investment, one that lasts through many economic cycles. If you have high short-term goals for cash 

flow or appreciation, there's a fair amount of risk. But that risk diminishes over a longer horizon and real estate is fantastic in the long-term.

Whether you invest should depend on 

your short- and long-term goals. Time in the market beats timing the market. 

I found myself in a similar situation wasn’t sure when would be a good time to invest. But as long as you buy right I believe you will win in the long term.

[Cory Carlson]

Yes, rising interest rates are making it more difficult to invest than when they were in the sub 4% range. In my opinion, single family investments are not wise in the Portland area when seeking passive income. Debt destroys potential returns (investment rates around ~8% as of 09/23) unless you're under leveraged and we are seeing a supply and demand crunch, especially in the preferred surrounding suburban markets. On the other end of the coin to make a blanket statement saying to avoid SFH would be silly - there are single family + ADU/basement/etc scenario's that DO work. For example, a client of mine bought a 3 bed house, converting to 4 bed with a fully operational Airbnb near Nike/IBM that even with a high leverage position, will successfully subsidize his income. It was a low entry barrier "real estate investment" in a good area where with the right amount of leverage followed the fundamentals.

How much capital do you have? I have been gravitating my clients towards moderate leverage 2-30 unit buildings. The benefits of 5+ units is the cost of money is in the mid 6% range, versus the 1-4 unit space where its ~8%. Although I have noticed the 2-4 unit property type where sellers are stuck on a sales price are increasingly interested in creative financing - such as subject to/wraps or owner carrying. 

[Emily Van Siereveld]

Quote from @Dave E.:

@Kazumi Boyd my one regret about investing in real estate? Waiting. The stars will never align. The time will never be perfect. The only thing that matters is that the numbers work. So keep looking until you find a deal where the numbers work and start. Waiting won’t help.

 This is one piece of advise that I hear repeatedly - things only get more expensive if you wait. That said, are you committed to looking in Portland? Or have you been investigating other areas in Oregon that may be a bit more accessible (value-wise)?

[Benjamin Aaker]

Yes, you should buy now. Sure, the interest rates are high, but that is just one factor that goes into the price you should pay. Buy based on the market right now and you can still get a great deal, even today.

[Hunter Brookshier]

As a broker in Portland I can say now is not a bad time to invest. You will see slightly less competition than you did 18 months ago, and with a higher downpayment, you can still make properties cashflow. You may want to consider multifamily (a duplex, tripelx, quad [4plex]), commercial multifamily (5+ Apartment units), or even renting by the room on a single family home. Renting by room is a great way to maximize the income for your rental while keeping the initial capital requirements low. Let me know if you have questions!

[Kazumi Boyd]

Quote from @Dave E.:

@Kazumi Boyd I will add that J Scott wrote a great book about the best real estate strategies during different times in the market cycle. It’s not perfect for all situations, but generally good info.

Recession-Proof Real Estate Investing: How to Survive (and Thrive!) During Any Phase of the Economic Cycle

https://a.co/d/629G1vr

[Kazumi Boyd]

Quote from @Kazumi Boyd:

Quote from @Dave E.:

@Kazumi Boyd I will add that J Scott wrote a great book about the best real estate strategies during different times in the market cycle. It’s not perfect for all situations, but generally good info.

Recession-Proof Real Estate Investing: How to Survive (and Thrive!) During Any Phase of the Economic Cycle

https://a.co/d/629G1vr

Thank you!

[Kazumi Boyd]

Quote from @Emily Van Siereveld:

Quote from @Dave E.:

@Kazumi Boyd my one regret about investing in real estate? Waiting. The stars will never align. The time will never be perfect. The only thing that matters is that the numbers work. So keep looking until you find a deal where the numbers work and start. Waiting won’t help.

Yes, we are looking for first property in Portland.

[Darius Parsia]

Quote from @Jeremiah Dunakin:

Quote from @Chris Watkins:

Hi Kazumi, welcome to the forums!

The effects of a particular president (or even governing party) would likely be small on the major economic forces that drive real estate. Presidents actually have little effect over the larger economy (positively or negatively) that the preside over.

Interest rates are a real concern for investors, especially us in the NW with prices where they are. The demand to live here, coupled with the lack of supply will govern housing prices for the next decade, and insulate the region from a larger drop, even if other parts of the country drop (which I don't believe will happen, at least not like 2008)

An investment property should be looked at as a long-term investment, one that lasts through many economic cycles. If you have high short-term goals for cash flow or appreciation, there's a fair amount of risk. But that risk diminishes over a longer horizon and real estate is fantastic in the long-term.

Whether you invest should depend on your short- and long-term goals. Time in the market beats timing the market. 

I think the effect of politics plays a huge part in real estate and economy. I’m not sure how we can discredit that. When I hear that said to me it sounds like a brush under the rug because facts don’t want to be considered. Politics plays a huge factor in Oregon of all places. People and businesses are moving out of there. The same as California, it’s not because of the weather. It’s strictly because of political reasons. California had a loss of population for one of the first times in history. Where are these buisness and people moving? Texas it is because of political environment. The same goes with economy. A couple years ago I could buy family pack of chicken thighs for around 4/5$ and family chicken breast 8/9$. Yesterday It was almost 17 for thighs and 19 for breast. A gallon of gas is almost 4.00$ it use to be under 2$. A 2x4 was 1.79 all day long and we would throw scraps away. Now a 2x4 is almost 4$. The intrest rates for a house was2.65% now it’s 7ish. I had a small flexiable loan that I was paying 6$ month on 3 years ago. After paying down the balance due to inflation I was paying 14$month on less principle than before. Yes it is very much a political driven economy. I just can’t understand why this is not accepted. Have we looked at retirement accounts lately for last 10 years.

It’s like saying when lebron james came back to Cleveland had no effect on them winning title. Or when Micheal Jordan left the bulls they didn’t win a title. Or Elon musk doesn’t really factor into Tesla 

 100%! Thank you for having the courage to state what should be obvious by now! Unfortunately political influence plays a HUGE part in Real Estate and that includes investing. If you ignore or deny this fact you are either very naive/uninformed or complicit with bias towards a political agenda or mainstream narrative. Presidents DO have an impact on the overall economy, whether or not we enter senseless wars and inflation - just look at what's happening now vs before our current... "President".

Outside of that, consider what has happened just in the past few years for example, such as communities all over the country where BLM riots occurred that resulted in severe widespread property damage and affecting surrounding communities for months later, lowering property values which allowed certain investors including BlackRock to buy up these areas cheap, with and without leverage. BlackRock, VanGuard and State Street together own nearly ALL assets in the entire world! When you follow the money, you uncover that in that example, the BLM riots were largely funded by Mr. Soros whom has communist and Marxist political views. His famous quote, "Never Let a Good Crisis Go to Waste". And now you have Democratic cities such as San Francisco, Chicago, Los Angeles allowing rampant migration, crime and retail theft to continue which affects everything from business to every day life. 

Then, you've got the whole p@ndemic situation that caused people to move out of highly restrictive states & cities where lockdowns caused massive job losses, business closures, suicides, etc., these people who were fed up moved into more "free" states such as Arizona, Texas, Georgia and Florida. If you do enough research, you can find out that even the Pl@nnedemic was political in more ways than one. Evidence is now clear that CV19 leaked from a lab, and Klaus Schwab of the WEF wrote a book about CV19 and the "Great Reset" TWO MONTHS before it occurred and was quoted saying "The p@ndemic represents a rare but narrow window of opportunity [...] to reset our world". 
If you learn how big players like these control the world, you can use this insight to your advantage and plan for the future, including where and how to invest! It's time to get smart and work together.

These people want to divide us into only two classes - rich and poor and they want to buy up all assets, making it hard for small investors to thrive. 

It's a crazy world out there now and things are going to get tougher, but if you are willing to let go of your beliefs and open your eyes and mind, you can find answers and solutions to these challenges we will all continue to face. Together, we can still win! 

[Darius Parsia]

Quote from @Kazumi Boyd:

Quote from @Jeremiah Dunakin:

Quote from @Carlos Ptriawan:

Quote from @Jeremiah Dunakin:

Quote from @Chris Watkins:

Hi Kazumi, welcome to the forums!

The effects of a particular president (or even governing party) would likely be small on the major economic forces that drive real estate. Presidents actually have little effect over the larger economy (positively or negatively) that the preside over.n’t win a title. Or Elon musk doesn’t really factor into Tesla 

 It is because it's being exaggerated so much as it's discussed widely in social media , while the data showing it's almost meaningless. Yes political has its influence but not so much when we carefully access the data and information. 

The biggest immigration after all is still going to Sacramento, these are mostly retirees age level or Baby boomers generation moving out from high-productive-economy to more retirement-area-suburb and also new development in that area, as the area is new growth.

The driving force is mostly because of high cost of living, people is moving to more affordable place.  But whoever ruling the country, the high COL place is almost high COL that drives people out.

 I appreciate a level headed conversation.To further here is where I differ.

The media can say what it wants. The facts are still the facts. That is an area where people have willful ignorance because the facts don’t back up their chosen party. 

The data really isnt really meaningless. It may not  be what we want to hear and go on emotion and feelings. The data in every American’s pocketbook says that inflation is out of control. I gave examples of main things that affect main streets money. Chicken is twice as much as it was if not a little more than twice. Gas is twice as much. A 2x4 is twice as much. In November 2020 including the huge dip from lockdowns factored in my investments were up about 45% return. They have since gone to the negatives and just now rebounded to sub 10%. That is a lot of money to lose. The cost of a mortgage 4% higher in intrest than it was. You get less house for the money. Most people it takes them out of the equation for even owning a home.

The policies of certain areas within the last 3 years have been disastrous for people. Crime is through the roof this is data not my feelings. California has had a loss of people for the first time I think in history. Sacramento might have lost people to the suburbs but I’m talking the whole state. These people and buisness are fleeing the policy of the lawmakers the small buisness can’t afford the crime major buisness can’t either and it’s becoming a passed on burden to the rest of us. These are data points.Look at the firms moving out of nyc and Chicago places moving out of Portland and Seattle. These are huge firms. They are going to different political landscapes. 

The cost of living is a direct correlation of political governmental policy. California,New York, Chicago, all have common political ideas. Meanwhile Texas,florida, Tennessee all have a similar trajectory. To me that is a direct correlation. The numbers don’t lie. My company has benefited because of California regulations and had to move production out of there. 

The high cost of living can’t be dismissed with luck or chance. There is a reason there is a high cost of living in those areas. The is a reason the cost of living is different in other areas. It has nothing to do with sunshine. 

 Klaus Schwab and the members of the world economic forum are most likely the ones who have the power to influence markets. As they are the un-elected ones funding those who set policy. Unfortunately (in my opinion from my 20+ years of research into the deep state, ruling class billionaires) my assessment is that they are doing everything they can to de-stabilize the world economy so they can usher in the pre-made solution. Which is a one world govt, currency and ultimately religion. This is not a conspiracy theory any more. They freely talk about it at Devos every year. As Klaus says "ziss is zee new world ordah". Ultimately we will not be allowed to own property. That's probably 20 years out but its coming. And that's not speculation. Its in their own literature.. Klaus Schwab said (and I quote) "You will own nothing and be happy". These people are ultra rich psychopaths who have nothing left to do but fulfill a destiny that was forged a long time ago. To some of you this might sound wacko but I don't want you to believe me. I want you to research for yourself Please. This is what I consider when investing, 

 100% correct Kazumi, the WEF and as I stated the three major hedge funds control the world, its direction and our ability to thrive as investors and property owners. We must pay attention to their plans in order to stay ahead and fight for our right to financial freedom. If communism wins, we all lose!