Could This Trigger Mortgage Rate Cuts & Why is Everyone Moving HERE?
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- Опубликовано: 4 авг 2024
- Episode #987
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Will the new jobs report finally prompt the Fed to cut rates, leading to you scoring a lower mortgage rate? With multifamily rents still falling, should we fear a nosediving rent trend in the near future? And why are all these traditionally overlooked investing markets becoming the new rental property hot spots? You asked, and on this episode of BiggerNews, we’re answering. We’ve taken top questions from the BiggerPockets forums and are answering them on today’s show!
It wouldn’t be a BiggerNews episode without talking about the Federal Reserve. With the latest job numbers pointing in the right direction, is this the final signal the Fed needs before they start cutting rates? Or is there a specific unemployment rate we must hit for the Fed to give us some interest rate relief? Next, we’re talking about the continuously “softening” rents around the country. One sector is actually seeing rents grow, but if you’re not seeing that with your rentals, how do you ensure your tenants stay put and keep paying you rent? We’re giving our expert tips on mitigating falling (or stagnating) rents.
Next, we’re highlighting the “affordable” investing hotspots popping up throughout the country as the cost of living increases. Are these markets actually worth investing in, or are the big cities going to have better returns once they bounce back? Finally, should you wait to save up emergency reserves and risk home prices rising OR buy your first property now? We share exactly what we did in the same position when we first started investing.
00:00 Intro
01:54 Rate Cuts Coming?
11:24 Rents Are “Softening”
19:09 How to Mitigate Falling Rents
21:36 New Affordable Markets Emerge
28:19 Emergency Reserves 101
33:05 Ask Your Question!
i live an hour and half from Stockton CA. My impression about it is it has very high crime , lots of gangs, gun shot on news all the time
My son lived Sourh of Stockton in Manteca, and yes it is definitely not a safe place!
This lady is a little biased towards low income suburbs. From my experience, low income areas tend to stay low because no companies and good tenants want to live there
Stockton is a complete toilet
Stockton to San Francisco is 3 hours with traffic and there’s no growth as land is all protected for agriculture
Stockton?? Be very careful
Great show today Dave!!🎉🎉 Thank you Kathy!
What is the best way to see where business are moving to when migrating out of the big cities
If you guys do analysis on the Labor market, you definitely should take the account quality and industries where the jobs are created. Also considering part-time versus full-time employment.
If you are saving up say to invest in two years, just estimate prices in two years and factor that into your savings plan.
Where is this good economy... I think we've just had our our standards beaten so low that we can't recognize that most of us are poor and that's probably a bad thing
Better off investing in North Dakota then stoc
I feel like all the comments missed the point about stockon, the whole point is not that its a great place to be, but its a transient place that people go to when rents get expensive. Then they quickly leave due to the points that are mentioned in the comments
Why do you keep a whiner boat rate cut anymore find me to foot 14% things are
Why do you keep a whiner boat rate cut anymore find me to foot 14%
6:50 raising wages does not create inflation. It creates competition for labor, which is a good thing
Raising wage is part of inflation cycle. Higher wage does create competition for labor but whoever gets hired will spend proportional amount of money, which speeds circulation of money and, thus, increasing inflation.
@@alankim6498 inflation is the printing of new money with nothing to back it. Everything else that happens is a result of that. That’s what “inflation” means. They’re inflating the supply without any value to support it. So yes, raising wages is “part” of inflation when people finally get what eventually trickles through the system. By the time the population gets and spends this new money, the damage has already been done through the banking system, government programs/spending, price increases, etc. Raising wages is the final symptom of inflation, never a cause of it.
Your understanding of inflation reads like someone who attended the first week of a highschool economics class before dropping out and stumbling onto a counter-culture econ blog echo chamber. Do yourself a favor and go do some research on what factors can contribute to inflation independently of changes to the money supply. Here are some keyword searches to help you get started on your quest: "what is inflation", cost push inflation, demand pull inflation, supply shocks, built in inflation. And since you no doubt get much of your economics diet from, shall we say, "alternative" sources, I recommend doing this research in private mode, in a browser you don't normally use, and preferably using a different search provider, to break you out of the information bubble your normal search engine has curated for you based on your existing preferences. Then go unsubscribe from that edgy email newsletter telling you that all of the world's problems are caused by the Fed printing money.
Greedflation is part of the deal as well
@@freegandavehartman8908 never heard of that term, can you elaborate?