Folks, I’m now seeing multiple posts on this site about recent SFR cash investors, big and small, at risk of implosion. I just don’t see this constellation. EVERYONE needs a place to live and there are a LOT MORE people now who can’t qualify for a purchase money mortgage and have no choice but to rent or stay with relatives and friends.
Certainly, we have all learned by now that free-and-clear owners can do whatever they wish in ALL markets. In the absence of CA coastal counties drifting off the mainland into the ocean, the vast majority of the free-and-clear RE owners within them can just tell everyone to take a hike as I believe they are truly immune from the vagaries in the broader economy.
