It Was the “Strong” Economy That Was Transitory – Ep 812
The Peter Schiff Show Podcast
00:00
Is It Possible That Some of These Homes Will Come on the Market?
Record numbers of single family homes that were purchased by investors, and they've been rented out. Now it costs more to pay interest than what their net rental income is. Maybe some of these homes are going to come on the market. That doesn't do anything with inflation, because home prices are not there. It's just owner's equivalent rent that counts, which is a nothing number. If real estate prices start to crack, that's the only asset that a lot of americans still have that isn't falling.
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