I’d hoped our pm’s were going to be a haven while the SM gets obliterated.
So, I guess it will be the same old, whatever the SM goes down we’ll go down twice as much. HUI goes down 5%, while the SM goes down 2%. With pm prices where they’ve been, that should not be happening, but it always does.
The Fed has crashed real estate and the economy along with Biden and his taxes.
“We have not been this slow since the Great Recession. This includes Covid. We cannot understate how terrible the prospective real estate market is.”