realestate
Farcasters who dabble in real estate investing.
Sean Allen Fenn pfp
1 reply
0 recast
1 reaction
Sylveroo pfp
0 reply
0 recast
1 reaction
Devin Conley pfp
0 reply
0 recast
5 reactions
Sean Allen Fenn pfp
0 reply
0 recast
1 reaction
Sylveroo pfp
0 reply
0 recast
1 reaction
Sylveroo pfp
0 reply
0 recast
1 reaction
Ben - [C/x] pfp
0 reply
0 recast
0 reaction
Ben - [C/x] pfp
0 reply
0 recast
1 reaction
Ben - [C/x] pfp
2 replies
0 recast
6 reactions
Sylveroo pfp
0 reply
0 recast
1 reaction
Vinay Vasanji pfp
2 replies
13 recasts
10 reactions
Sean Allen Fenn pfp
1 reply
0 recast
1 reaction
Sylveroo pfp
0 reply
0 recast
1 reaction
Zach pfp
So…. is it a bubble? …or did we see a massive increase in wealth seeking growth across borders (which is new) that permanently reset housing value in the wealthiest markets in the wealthiest country in the world? I can point to growth of other commodities that had similar growth rates and stayed that elevated because something at the macro shifted. so my questions would be 1. how big wealth growth and in what is it held on? (dollars vs. whatever else, how resilient to shocks? ...2020 shocks did nothing but turbo charge it, but maybe not since feds cut … again) 2. Assuming capital cost of 0 (sitting on dollars like a lot of PE), how profitable is owning/renting compared to other asset classes? 3. what happens if everything becomes … permanently unaffordable? knock on affects there would be interesting to understand… https://x.com/KobeissiLetter/status/1828074090776629301
0 reply
0 recast
4 reactions
Sean Allen Fenn pfp
1 reply
0 recast
0 reaction