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Pay attention on the news, you'll begin to see the term "House rich, cash poor" more often

 
MaybeTrollingUAgain
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09/21/2020 10:55 AM
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Pay attention on the news, you'll begin to see the term "House rich, cash poor" more often
It has been rolling since last december, but it will pick up force now.
MaybeTrollingUAgain
Anonymous Coward
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United States
09/21/2020 11:04 AM
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Re: Pay attention on the news, you'll begin to see the term "House rich, cash poor" more often
I fall into that at present, but what compels your statement?
BlueWolfeyes

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09/21/2020 11:08 AM
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Re: Pay attention on the news, you'll begin to see the term "House rich, cash poor" more often
If you are house rich and cash poor good time to sell as houses are selling and move to more affordable home. Very low inventory in most parts of the country.
OCCAM'S RAZOR

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11/30/2020 11:59 AM
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Re: Pay attention on the news, you'll begin to see the term "House rich, cash poor" more often
Wolf Richter has been on this for a while, and shares my view NYC real estate will be the "trigger mechanism" for the next giant financial crash

by the way, re: Rio Grand du Sul, Brazil, are there any bigger cities inland there you'd recommend?

Thanks, OCCAM

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11/30/2020 12:11 PM
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Re: Pay attention on the news, you'll begin to see the term "House rich, cash poor" more often
Wolf Richter has been on this for a while, and shares my view NYC real estate will be the "trigger mechanism" for the next giant financial crash

by the way, re: Rio Grand du Sul, Brazil, are there any bigger cities inland there you'd recommend?

Thanks, OCCAM

[link to wolfstreet.com (secure)]
 Quoting: OCCAM'S RAZOR


Santa Maria or Livramento.





GLP