TMP increased in value this month; up about 5%, or $17K.
Is the housing market “crash” over? Maybe. Here our Jeff:
You can see the specific increases in each estimate.
I’m not sure why Crismon showed the huge jump. “Forget it Jake, it’s just the algorithm.”
What’s next for TheMonopolyProject and TheMonopolyProjectTwo? Are we following Jeff’s advice?
Yes, of course. A buying opportunity is upon us. In fact, outside of TMP and TMP2, we have been buying real estate driven by two factors: One, the inflation released by reckless government spending has and will further inflate asset prices. This process is not yet complete. Look for the balloon to start growing again. Two, the Fed keeping interest rates so low (at least until 4 – 5 months ago) made borrowing money to buy real assets that were inflating a no-brainer. We bought real estate in late 2021 and early 2022 with rates in the 3’s, most at 3.25 % for commercial real estate loans.