Unlocking Hidden Goldmines: Why Now Is the Perfect Time to Dive Headfirst Into Multifamily Investments (We’ve Already Started)
Kathy:
And we know how hard that is to pull off.
Dave:
Right? Well, that’s the whole thing. So that’s the logical thing, right?
Kathy:
Stop spending.
Dave:
Yeah. Some people say it should be stop spending. Some people say it should be higher taxes. Either. Both of those in the last 25 years in the United States have proven impossible. Both parties, neither of them have been able to reduce the deficits. They just get bigger and bigger and bigger. There is another option in a government we have, which is printing more money. That’s the other way to service the debt, is they just print money and service the debt with that. That is a nightmare scenario for bond investors. That is the last thing that they want. And bond yields, if that starts happening, are going to go up and that’s going to push mortgage rates up. And so you kind of have to ask yourself what’s the most likely scenario given the last 25 years of our political environment? This is not both parties do it. Go look it up. Both parties contribute to the deficit.
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