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bengolfs1
Reventure Consulting
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Comments by "bengolfs1" (@bengolfs1) on "Reventure Consulting" channel.
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Most of these cities are secondary, less desirable submarkets--especially Riverside and Stockton. Both are in California, where I am from. I saw this same pattern 15 years ago, when people were flipping homes based on the greater fool theory.
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The sad reality is that people look at their home with a day-trader mentality, rather than a place to raise a family and create stability. This mentality creates instability and folks that will never wind up owning their home fee simple without a mortgage. My mom and dad paid off all their mortgages and I'm thankful they never dragged our family through the mud like most parents do nowadays.
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