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Started by SteveGood, March 16, 2020, 12:03:45 AM
Quote from: RealWealthManagement on March 20, 2020, 07:24:52 AMhttps://www.politico.com/states/california/story/2020/03/19/newsom-orders-all-40m-californians-to-stay-home-in-nations-strictest-state-lockdown-1268248California announced a lock down as of yesterday for all non-essential businesses. the unemployment rate reached 7% in 1993, 5% in the recession of 2000-2002, 10% in 2011, and my guess is that the unemployment will surpass the 2011 level this time around. This is starting to look more and more like 1929, not 2000 - 2002 or 2007 - 2009.I am curious to know how Covid 19 is impacting the physical real estate rentals holdings vs the Crowdfunding investments? Just like bonds, I think you want to hold the "AAA" class physical real estate to survive this as many tenants will lose their jobs through this. How has the Crowdfunding investments been so far? Has it been stable? On the securities side, the big name REITS like O, NLY, and AGNC has been beaten down big time. I would love to hear others opinions as well. Following.