11 Comments
Jun 21Liked by Rudy Havenstein

sold yourself short the first 1 minute and FORTY SIX seconds were the best

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Could not have done a better job myself :)

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Jul 20Liked by Rudy Havenstein

Nobody is answering the question of how people are even able to purchase these houses in the first place. The houses are selling for outrageous amounts, and there are not the jobs around here that pay accordingly. I just don't get it.

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author

Near where I'm at I think a lot of it could be mid-level manager stock option money. NVDA, MSFT, AAPL etc.

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Jul 20Liked by Rudy Havenstein

yeah, I think you're right. It's people who own assets, so whether they can sell it for capital gains or it gives them a passive stream of income. I also think it's those who are moving from more expensive to less expensive areas. And, I think it's in rural places like where I live, it could be USDA loans with little or no money down.

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Jun 24Liked by Rudy Havenstein

Rudy - while private equity has been driving up its ownership percentage of single family rentals, a lot of this is shifting from mom and pop owners. John burns RE consulting has down some work on this.

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author

I'm familiar with Burns. Thank you!

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I heard someone say California was thinking about introducing an exit tax ? Is that true ?

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author

It's been proposed: "The exit tax rate is 0.4% on net worth over $30 million in a tax year."

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Post transcripts please.

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author

There’s a link in the post. Middle, right below video.

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