Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

"In the Antelope Valley and Inland Empire – north and east of Los Angeles, respectively – rents climbed about 16% from April of last year through this June, according to data compiled by Marcus & Millichap, a real estate brokerage and consulting firm. In downtown Los Angeles, rents fell 8.1% during the same period. In all three areas, the prices investors are paying for apartments have jumped since the start of the pandemic."

https://www.bloomberg.com/news/articles/2021-10-01/charlie-munger-s-timely-apartment-bet-began-with-hebrew-bible

“It’d be nice if I were Mother Teresa and did something I didn’t like doing, because I’m a noble soul,” Munger said. “But my life is organized so that time after time, what works for my pocketbook works for every moral teaching that I’ve been taught.”