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Re: LakeshoreLeo1953 post# 434845

Wednesday, 10/11/2023 7:14:47 AM

Wednesday, October 11, 2023 7:14:47 AM

Post# of 460011
What a laughable statement, throwing stones from a glass house, pompous people always tend to do this.

GL with higher for longer, not only does it affect AVXL and market liquidity.

But destroys the already bubblelicious real estate market.

Let see what happens when all the airbnb and the likes "investment properties", have to liquidate.

Why? Higher interest rates -> Higher operating cost -> Higher layoffs -> layoffs = liquidation. (This is currently playing out, and will accelerate in the next year or so).

Oh yea and the institutions know this, so they too are unloading to scoop them back at the incoming haircut.

You will need to put some special lipstick on that pig to show your investment savviness.
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