Many of you have been hearing me show my frustrations over the lack of deals since we are in a seller’s market. I don’t have the answers but I do ask the right questions… and that question is are we ‘already in a recession’?
Recessions are loosely defined as two-quarters of stagnant GDP growth. I don’t really know what goes into those numbers but I can tell you that the explosive rent growth in markets like Dallas are starting to stagnant (still increasing though).
Take a look at these articles and email me your feedback ([email protected]).
[Americans are minimizing discretionary spending on Main Street]
[The real Americans are decreasing their home purchasing]
Everyone talks about every 8-12 years we are due for another correction. There is some validity to it, however, the past does not predict the future.
Today is a different day with the internet product cycles are compressed and this helps smooth out market fragmentation. Unfortunately fear and greed make up a large portion of stock evaluations which is extremely difficult to model or predict.