Foreign investment in sfrs

User Forum Topic
Submitted by scruffydog on April 13, 2021 - 1:18pm

Interesting article in Wall Street Journal:
Any real estate agent here seeing these types of investors in sfrs?
Read somewhere used to be ~ 10M rental sfrs in US around 2008, now ~17M.
This article makes me think sfr prices could continue to appreciate substantially.
Could create societal problems.

Submitted by sdrealtor on April 13, 2021 - 2:23pm.

Ah the infamous scruffydog of Shut this website down fame

Submitted by gzz on April 13, 2021 - 2:36pm.

US real estate is and will remain a safer and better yielding investment than local currency bonds for investors in other developed countries.

It does make more sense to do it on a retail level, not by huge funds with higher costs and who don't get the retail buyer bonus of having a US home base, address, and emergency crash pad.

Submitted by scruffydog on April 13, 2021 - 2:50pm.

Good memory! It was fun to post that to get people away from political discussions. Good to see site is less political now.
When Rich reset acct last fall I was shocked it had been 13 years. Back then Powayseller was screaming SELL.
Meh, I was unmotivated to sell props then and bought more after 2008 crash.
# 1 lesson: Timing is everything. And holding period.

Submitted by Escoguy on April 13, 2021 - 4:42pm.

If negative yields persist in Europe/Japan, this will continue.

Eventually it becomes a question of how much currency risk they are wiling to take.

As long as prime markets appreciate in line with global averages, the risk can be tolerable.

Would just get interesting if the US economy would actually decouple from global in any meaningful way. Hard to see that in next decade.

Submitted by sdrealtor on April 13, 2021 - 5:40pm.

Yes once Brian was removed the non stop political ranting did too. Slowly we rebuild.

And as for PS , my knock down drag out battles with her were legendary. You'd be shocked what became of her, seriously shocked.

Good on you for holding on

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