The Federal Reserve has decided to continue the policy of charging banks a near zero for money. This is primarily designed to get the banks to start moving cash out and to invest. However, banks have been sitting on cash for quite some time just as many businesses have. Will this make them suddenly jump start the economy? More importantly, how will this affect real estate investing?
No one has a crystal ball and no one knows. Anything can happen. It is a tightrope. When the government manupulates the economy as much as it has over the last two years, people as well as bankers, tend to retreat into the closet. That’s because of the uncertainty.
What about real estate? When will it improve?
Real estate will make a come back. It may be another year or two , however. If you’ve invested in a house or houses you can’t sell, rent them out. If you don’t want to be a landlord, hire the management out, but don’t give up.
Here is more information for surviving these difficult times for real estate investors.
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