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There are still the all-cash purchases, of course. Are they mostly Blackstone-type outfits, or those legendary foreign cash buyers?
Cash buyers in this cycle have never been stronger, true.
A lot of that is due to the supply of distress homes in this cycle.
Blackstone owns roughly 40K of rental homes, nothing to big
Historically cash buyers have been 10% of the market place, it's been over average 30% plus this cycle, a lot home sales when you think of a 5 million dollar market place.
However, for 2 years now that % levels is falling and now down to 25%, so still high historically, but it's no longer growing since 2015 as a % of the market place
2005
"The CRA: Outstanding, and Needs to Improve"
Roberto Quercia, Janneke Ratcliffe, and Michael A. Stegman
http://www.frbsf.org/community-development/files/revisiting_cra.pdf
DieBankOfAmericaPhukkingDie says
The CRA is the leading cause of suicide and cancer among white people.
Everyone knows that.
Government programs raise everyone's standard of living, just ask the Bern
Everyone knows that...
*FED REMOVES REFERENCE TO GLOBAL EVENTS POSING RISKS TO OUTLOOK
Weaker dollar does wonders doesn't it ....
Facebook Live of the Fed meeting and as the article I wrote says, until they get more inflation, they won't raise
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https://loganmohtashami.com/2016/04/15/fed-rate-hikes-need-more-inflation/
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