Illya Gerasymchuk
Entrepreneur / Engineer
these dynamics create an incentive for further upward price pressure:
➖ purchase prices raise due to low rates and ample financing
➖rent prices raise because purchase prices become too high
i've previously written an article about what makes real estate so special in terms of funding/re-funding capacity
banks finance ≈75% LTV on real estate purchases, and you can use existing properties as additional collateral
🧵read it here: https://illya.sh/threads/@1757632740-1.html