%% Some one asked Dave ''REALTOR'' Ramsey, why had real estate done so well + most REITS done not so hot??' Dave said, too high Wall Street fees
No retail interest. A bit of trading OTC, but that pretty much is a nice way of saying nobody cares. Doesn't matter why it developed no traction
They keep saying there is no end in site for record rising house prices as they keep moving higher and higher. The trajectory cannot be sustained. Eventually buyers will tire out and stop chasing record prices.....again you can thank the fed for this, the unlimited money printing the last 3 decades is creating stocks, housing prices and all assets to rise significantly....and everyone thinks it can just keep going and going. ....we have read this story before. Remember that.
Well, it's always the Wall Street fees, isn't it? They just can't resist taking a big bite out of our real estate profits.