Some of the best most detailed in-depth technical analysis on the the Multifamily market explained in understandable terms so you can see what is actually happening without having to guess or delude yourself into making irrational decisions moving forward.
Ken McElroy is one of the top commentator, teachers, coaches, Multifamily investors, public speakers o the matter in the Multifamily marketplace today. His insight and analysis is highly accurate and followed by many, and he is a highly respected multifamily investor, holding many many doors.
The video talks about:
That is the year over year change in or CPI.
The Federal Reserve is very concerned about housing.
The core CPI excludes food, food and fuel.
An important takeaway prediction is:
"The core CPI is what we should be watching because this is a long run trend
and it looks to me like it's continuing to go up slightly.
And if that's the case, we might see the Federal Reserve continuing to increase."
An example of how Ken explains what is happening in terms anyone cn understand is:
"So what happens during a recession and how does it affect everyone?
Number one, businesses cut back, banks cut back on their underwriting, unemployment goes up, layoffs go up, wage growth goes down.
And of course, consumerism also goes down, driving prices down, which is exactly what they were trying to do in the first place."
RESULT: "But of course, this is going to tilt this into recession."
In this video Ken goes deep into the analysis of where the economy and rental markets are currently at. He uses data from some recent conferences that he has attended. Don't miss this update!
Those are some of the key take aways form this great video, but please take 5 minutes to watch the video as there were many great points and a bunch of data that backs up and explains what's going on. If you're in this market, it would benefit you to see this this, and while you're at it take a look at Ken's website site below. He offers a monthly membership for only $29 that would give you access to all of his data and research analysis of the marketplace and in a sense mentor with you in your Multifamily Real Estate journey!
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