The FED is toying with the people right now...trying to get them to sell based off of fear, while they have their "tools" ready to prop up the market. This is not the first time they have done this, and it won't be the last. I'm holding, cause the FED has unlimited firepower and we all know that their end game is to become "the lenders and buyers of last resort", which means that they will continue to keep dabbling in the repo market for as long as they can.
Greg I know housing is in a bubble but what do you think about raw land? Specifically rural, farmable land? I feel like that wouldn’t crash along with housing and it may go a lot higher if the food crisis gets really bad
The FED is toying with the people right now...trying to get them to sell based off of fear, while they have their "tools" ready to prop up the market. This is not the first time they have done this, and it won't be the last. I'm holding, cause the FED has unlimited firepower and we all know that their end game is to become "the lenders and buyers of last resort", which means that they will continue to keep dabbling in the repo market for as long as they can.
Greg I know housing is in a bubble but what do you think about raw land? Specifically rural, farmable land? I feel like that wouldn’t crash along with housing and it may go a lot higher if the food crisis gets really bad