http://www.cnbc.com/id/26406036
There is one more point that he overlooked. People who had lost their home-where do they lived? Yes, some of them will have a chance to move back and stay with their parents or relatives. But what about those that don't? They certainly have to live somewhere right? Yes, they will have to rent a house to stay. When so many families lost their home and renting, the next thing that happens is rent will go up. When rent goes up, it will attract investors. When investors come into the market, you should know what will happen.
It's all a cycle and there are always reasons to cheer,even in the most gloomiest market. Nothing is one-sided and nothing is perpetual-except the laws of nature.
No comments:
Post a Comment