Being new grandparents, when Liz and I were taking a walk around the park this morning I asked a couple how old their little one was (13 months?) and chatted a bit and then the dad asked if I was John Wake! Turns out he’s a fan of this newsletter and blog!
I always appreciate your analysis. I'm an investor and I track investor sentiment within my US networks. A couple more important stats to follow include:
Immigration - it's off the charts and people like to live indoors! This will continue to put huge pressure on the lower end of the market.
Vacancy rates - lowest numbers in 40 years! This motivates investors.
Rental rates - higher by 20-30% in 18 months. This motivates investors and renters to buy.
ARMs - adjustable products are increasing in popularity again which will keep payments "affordable."
I always appreciate your analysis. I'm an investor and I track investor sentiment within my US networks. A couple more important stats to follow include:
Immigration - it's off the charts and people like to live indoors! This will continue to put huge pressure on the lower end of the market.
Vacancy rates - lowest numbers in 40 years! This motivates investors.
Rental rates - higher by 20-30% in 18 months. This motivates investors and renters to buy.
ARMs - adjustable products are increasing in popularity again which will keep payments "affordable."