Now that all the backslapping and high fiving in Salem over rent control is done, perhaps it’s time for some sober reflection over just what has been wrought. Sky rocketing rental prices in cities such as Seattle, Portland, Washington DC and Boston, where many folks want to live is indeed a problem. However, is rentRead more
Blog
Like Alice’s Adventures in Wonderland and Through the Looking Glass, things in Oregon just keep getting “curiouser and curiouser!” Not content to be the first state in the nation to impose statewide rent control, Portland Commissioner and rocket scientist (we don’t know whether she ever finished high school, just that she dropped out) Chole EudalyRead more
Cribbing from Hunter S. Thompson and his iconic book, Fear and Loathing in Las Vegas, progressives bi-coastal war on property owner rights seems like a surreal descent into the fevered imagination of the new left: Capitalist boogeymen everywhere. Profit is theft. Amazon hurts small business and the working man. They’re tired, left wing tropes are endless.Read more
“Innovative” is the word Governor Kate Brown uses to describe the rent control bill being rushed through the Oregon Legislature. “Innovative” is defined as “original, new, fresh, unorthodox, off center, unfamiliar and experimental.” All words which put the fear of god into capital and capitalists. Wherever and whenever money is invested, investors must be compensatedRead more
Ok landlords, we have given you lots of compelling reasons for exchanging out of your left coast properties for a more user-friendly environment in the sunbelt/red states. However, you may be asking yourself how does this all work? Here goes. We all know that Section 1031 of the Internal Revenue Code provides real estate ownersRead more
All Sponsors Are Not Created Equal For those of you that have newly come to DST, it is critical to understand not all property sponsors are created equal. There is a natural tendency on the part of investors to assume that all property sponsors/managers are equally good, otherwise they would not be in the space. Read more
How long do asset prices go up? As long as interest rates go down. It’s as simple as that. When global central bankers mandated zero interest rates (for which there is no historical precedent) it was intended to re-inflate asset prices: stocks, bonds, real estate, etc. This policy worked admirably. When you make holding cashRead more