Mortgage rates have been rising at a pace not seen in almost 50 years

Mortgage
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:scream: :scream: :scream:

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yah. That’s why I can’t find any multi-fam that is cashflow positive in the core bay area anymore. Not sure who is buying up all the multi-fam at low cap rates…

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Few days before, I have received this email from my financial contact.

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image1225×820 243 KB

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https://www.bloomberg.com/news/articles/2018-11-14/residential-real-estate-boom-comes-up-against-the-law-of-gravity