LORD IBO RICHARDS ECONOMIST
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Good day. Housing say no more. Today within the US Economy, retail housing markets soar past the expectations that there is a bubble in the mist. Ok. With skepticism in place as in every market that barters and maneuvers itself, the US housing experience this according tom ENGAGED RESEARCH a research a member of the IZ CORP EXCHANGE in good standings reported that in the last eighteen years in the South Florida region investors poise to rent properties rather than flip or sell the property. Couple that with US Banks the leader in consumer housing loans are more consolidated than ever only leaving an absolute that employment would likely have to be the catalyst to start the snowball effect that would lead to recession of this form in real estate. Numbers are skewed in housing as far whos gets counted for working. However in the South florida region there has been a change in real estate climate as low income housing large apartment complexes are being built rapidly and all over the county in Miami-Dade. This keeps the market stable as versus low income neighborhood in which seventy three percent of the community own their homes outright with no intention to sell. The other end of the spectrum is residential versus commercial where once an investor grabs the possession of the property the ideology is the near term to capture inflation and gain yield from the commercial property gaining value outright against taking in rent. The fact is that commercial inventory is lopsided compared to residential which has a more lucrative in relation to buy and sell price action. Thank you and have a great day.
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LORD IBO RICHARDS ECONOMIST
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