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WORK FOR IT ! Anybody who has the brains and is willing to work hard and smart and risks everything CAN BE RICH ! Even then not all will be rich but are you willing to do this or just complaining and waiting for more freebies ?
Anyone can do it, but not everyone will. Will you?
You think the republican party is pro wage and salary growth?
You can make a great case the Republican party are very pro shareholder nation friendly. Which means profit margins and return value to shareholder is key
Globalization, Technology, Debt, Demographics are bigger economic problems than a political party ( Thinking long term) here.
Technology advances have created great wealth ( Income Wise, non capital gain income) for the upper class but has done a number on the lower side of the equation.
In terms of min wage expansion. I don't have a problem with a rise in Min wage. I just don't believe it's as big of a economic boost as many make it seem to be with the $7.25 min wage level
We have near 139 million workers, only 3.3 million make that $7.25 wage and a large segment of that 3.3 million are 2nd wage earners. So, yes a boost in pay would help that group out but the velocity of that $$$ getting into economy to make a difference just isn't mathematically possible because it's a small number and low income families really pay for expense items and don't really expand too much on consumer consumption
Globalization and free trade are probably the biggest reason to our mess. At least put import duties-nope. But now that corporations are fleeing the US , lets see what they do.
The dems seem to want to raise a berlin wall of regulations to keep them here. it will be easier if they just say -our country, you become a foreign company you pay a flat % import tax to do business here. Considering the situation we were in when Obozo took over-the country was ready to move away from free trade. But the clown was a wolf in sheep's clothing and worse than his predecessor.
I actually disagree with the thesis, bond market knows the Fed will end QE but they don't care.
Each QE ending has resulted to lower yields.
http://advisorperspectives.com/dshort/guest/Chris-Kimble-140721-Bond-Update.php
2.44% key line. A close below and follow through action is a clean break of the channel and yields can get to the low 2%
What do you expect the investors (who snatched up the bargains) are going to do in the next couple of years?
What do you expect the investors (who snatched up the bargains) are going to do in the next couple of years?
To each their own. There is enough % gains for those who bought in auction to sell right away, much like we saw in 2010. A lot people are looking for yield returns with real estate.
The 1% crew and what they do with their cash investment is tricky to say what they will do.
Total cash volumes are coming down hence the negative YoY sales we see on EHS. However, coming to market with a lot homes I am not sure that is in their playbook.
My rental property has gone up a lot but I am probably never going to sell it because the rental yield is good. So unless I am a financial reason to do so it's going to stay a rental.
I haven't heard or seen anyone say the investors are looking to drop big amounts of their allocated homes to the market.
When ZIRP ends and yields get higher that might be a different case.
We never built enough rental homes in this country and now the builders are playing catch up
If you look at the demographics of the U.S. we will have a lot young Americans for the next 2 decades ages 20-35 and they will be more natural renters than buyers
Maybe not...
SFR residential expansion is different that multifamily expansion
We never really built out strong enough for multifamily and only now trying to play catch up

We don't have a housing shortage for now we have a on-sale shortage of homes.
Builders know this hence not expanding on SFR in a strong fashion which is smart on their part
Updated Today too 15% increase YoY
Inventory not the issue for 2014, its demand from main street

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