I know people who work properties somewhat like some of the traders on this site invest. Lots of variability in what they might take on and a large skill set. I am bullish about this type individuals prospects at this time and getting more so daily.
I hope the current owner occupied buyers do well. I think for some of the current buyers these deals are going to be helpful from a personal finance angle… and some not.Hopefully the lifestyle benefits will outweigh any potential economic downside for them.
I am bullish for people who rent in marginal areas to become buyers in marginal areas, under some circumtances.I am talking low end housing, don’t have anything to lose buyers.