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Harry Mills
Reventure Consulting
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Comments by "Harry Mills" (@harrymills2770) on "WARNING: These Cities are about to CRASH (Top 10 Housing Bubbles)" video.
@reseller7 Depends on inflation and the interest rate on the mortgage. I see inflation as far as the eye can see, so if you're locked-in on a mortgage you can afford, it will only get better over time, modulo property tax rates and voracious public schools. If you're struggling to make your mortgage payments, you're in trouble, regardless. Institutional investors may be looking at it a number of different ways. They might be looking to make a killing by flipping the house. They might be in it for the positive cash flow from leases. They might - in some neighborhoods - be anticipating re-zoning for multiple-family dwellings, like Obama wanted, because he hates middle-class homeowners.
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