@socalguy said in Looking to issue a Real Estate backed asset:
@gpedro said in Looking to issue a Real Estate backed asset:
Portugal the real estate market its pretty destroyed economically so actually this could be a very good time to buy and rent...
That is what happen in the US. There were these huge companies that came in and were buying massive amounts of properties and then turning them into rentals. They were buying 15 houses from us a week and were buying over 30 a day at the court steps. Look up Shadow Inventory. They swallowed massive spreadsheets of homes. It was nuts!
But yea, let me know if you have any questions. Though I am licensed I don't sell anymore. I got burned out..
This is what the Chinese companies are doing in Vancouver right now and also Toronto. Homes aren't affordable anymore. I'm looking more at lakeside cottages away from the city. More affordable and easy rentals.