Replies to post #673957 on Fannie Mae-No Politics (FNMA)

[stockprofitter]

Thé exact same thing is happening in many place all over North America.

FNF will become monster giants huge

[Robert from yahoo bd]

No question, this is the hottest I have ever seen the Residential Housing Market! 2 months supply, prospective sellers already locked in at rates in the 2's and 3's and worried if they sell if they will even be able to find a suitable replacement home, over 10 YEARS of annual housing supply under shooting annual demand and obsolescence, 72.1 MILLION Millennials (28 to 38 years old) finally starting families (they just surpassed the baby boomers in size!) https://www.pewresearch.org/fact-tank/2020/04/28/millennials-overtake-baby-boomers-as-americas-largest-generation/ many with financial assistance from their well off financially boomer parents, MORTGAGE RATES AT 50 YEAR LOWS, a loss of construction labor post 08 and 09 coupled with a loss of migrants from Mexico and Central America, AND DA GUBMINT NOT FREEING THE TWINS TO HELP PEOPLE BUY HOMES!

Higher prices will spur new construction and as the Cov subsides more supply will likely hit the market.

[MannSinger]

Solve Shortage-Give 1031 sellers 2yrs to exchange instead of 6 months

Also just ask 1031 sellers to exchange or buy back property equivalent to profit to avoid tax.

Or allow them to buy shares of GSEs instead of real estate in exchange of 1031- lol