We are in the Washington DC area and have rented to diplomats, and international organization employees, and others.

Last year, I read a book called The Fourth Turning Is Here: What the Seasons of History Tell Us About How and When This Crisis Will End by historian Neil Howe.

Quote from @Chris Walsh: Quote from @Jaycee Greene: Quote from @Chris Walsh: There is an affordable housing crisis in the country.

We flipped several houses since last time I used it and when I originally started paying for the pro membership, we wanted to get into investment rental properties within Covid happened and crisis skyrocketed, and so we just kind of stopped looking until recently. 

My point is, I bought a house 3 years before the financial crisis, stayed the course through the crisis, and still came out a winner. 

The only full article I could find wasAnthropic gave its AI chatbot Claude a small store to run, and the results were... interesting.https://tech.co/news/anthropic-gives-claude-ai-store-to-run"While the model, named Cladius, excelled at some tasks, there were plenty of hallucinations, and a brief identity crisis (where Claudius thought it was a human), which didn’t deemed the AI a pretty bad business owner."

I guess most here are more diplomatic than me.

Real estate investors can help solve the housing crisis by using tax incentives that make affordable housing projects financially viable such as:Low-Income Housing Tax Credit (LIHTC) for developing or rehabilitating affordable housingOpportunity Zones for deferring or reducing capital gains taxes in low-income communitiesSection 8 and Section 42 housing programs that offer steady income and tax advantagesDepreciation, cost segregation, and Section 179 deductions to reduce taxable income and reinvest savingsThese strategies lower tax liability while encouraging investors to build and maintain more affordable housing.

Waiting is not a bad idea - it's probable that interest rates start coming down which may help the affordability crisis. 

How bad is the housing affordability crisis?