Making good deals in small time RE investing and being a macro-economics genius are not related to the extent many seem to think they are. Maybe this time is different and there is a never ending “spiral of death” that ruins even the “no brainers”. I don’t think that will happen for those who work the right types of deals in a niche that is appropriate to the day, Locally speaking, as in all real estate is local. People who can only push paper and are not comfortable with anything but suburban middle class neighborhoods are at a distinct disadvantage now. Making pronouncement based on that set of conditions is incorrect. Real estate is a great investment class if you are comfortable with the angle that works when it works and participating in it is within realm of your talents and means. There are places now in San Diego that work for some and always have been and always will be regardless of Macroeconomics, or whatever that word is. this is true whether on not I am in a position to participate. Sometimes I am, and sometimes I am not.I think that is true with other people bu too. Since their slim parameters don’t work, they condemn the whole investment class.
