But make no mistake, the next time the market enters into an upcycle the REIC will rewind their jukebox to belt out all those golden oldies about how there’s a huge shortage of land, everyone wants to live in SD, the weather is great, jobs are great, RE never goes down, and this time it’s different. You’ll be able to set your watch by that.
Thats going to be very, very difficult without easy credit.
