QE3 – Pay Attention If You Are in the Real Estate Market

[SEE3772]

Catherine Austin Fitts
Assistant Secretary of Housing and Federal Housing Commissioner at the United States Department of Housing and Urban Development in the first Bush Administration.

[CuteOldGuy]

Ron Paul Wants to Stop QE3 Before It Destroys America: He May Have a Point

From Ron Paul:

"For all of its vaunted policy tools, the Fed now finds itself repeating the same basic action over and over in an attempt to prime the economy with more debt and credit. But this latest decision to provide more quantitative easing will only prolong our economic stagnation, corrupt market signals, and encourage even more misallocation and malinvestment of resources. Rather than stimulating a real recovery by focusing on a strong dollar and market interest rates, the Fed's announcement today shows a disastrous detachment from reality on the part of our central bank. Any further quantitative easing from the Fed, in whatever form, will only make our next economic crash that much more serious."

For more, read SEE's article, and this one:

http://www.policymic.com/articles/15...ave-a-point%3E

[Guest123018-4]

I do not invest in real estate for appreciation but for the income from rent.
I dont leverage my real estate investments.
My investments are in areas that are modestly priced so that cost vs return is much higher.