Yes, It is break even, the current tenants are very good, they want to stay long and they won’t have any impact, job medical related, from Coronovirus.
If I hold for 5 years, I make good amount of money by appreciation, as this is 5 miles south of google new complex and desirable location/schools. With all these years of experience, I am far better in sales comp of that location !
Any way, I know my options very well, will not sell anything for loss (that is not the right strategy for any investments) as my holding power is too good with cash surplus.
My idea to come out of real estate will be moved out for another 5 years.
Flattening the curve can be carried to extremes if you get a chart that goes out more than a decade (would include ancillary deaths from measures taken). This is no doubt what Brazil is thinking.
All viruses feed off population density. The densest nations - and the densest areas within each nation - will peak first. It’s a good thing we have areas of both high and low density or the whole nation would peak at once. As for containment - other than a quarantine of every major metropolitan area there isn’t a lot that can be done. The virus will eventually reach everywhere. One measure that would seem like common sense to “flatten the curve” would be to shut down BART and every other mass transit system which forces people together. I don’t see that happening though.
Only processed 1,712 this time. I’m seeing a pattern; they want to release the test results in piece meal to soften the blow. Of the 1,712 in this batch, 842 are positives; that’s 49.2%, up from 25.7% yesterday. This is hidden in the overall number. Shame on California:
As of 2 p.m. PDT on March 27, approximately 89,600 tests had been conducted in California. This includes the latest numbers California has received from commercial and private labs and the 22 state and county health labs that are currently testing. Commercial, provider and academic labs have increased testing capacity and are now reporting that data to the state. The biggest labs included in this count include Quest, LabCorp, Kaiser, University of California and Stanford.
At least 25,192 results have been received and another 64,400 are pending.