[quote=flu][quote=desmond]Do you really think that has anything to do with “the next depression or leg down?” I just saw Richard Branson on CNBC saying it is easier (for a well funded) company to expand in a recession. btw, are they getting discounts on the prices they are paying compared to 2004,5 or 6?[/quote]
Well, big companies have been gobbling up little guys during these times (at least in tech, making for a very interesting competitive almost monopolistic environment in some areas)…But, it sounds like the home buying isn’t institutional, from what sdr is saying, but rather individuals, right sdr?[/quote]
What I was referring to is that a well funded “individual” can also take advantage of today’s RE market. In down times, people, companies, etc.with money are taking advantage of the situation, and this could even show the market is worse than you think.
