Thoughts on Napa

Posted on November 1, 2017
fire

Thoughts on Napa

We are deeply saddened by the tragedy of these fires across California. As of mid-October 3,000 homes have been destroyed, totaling $1.2B USD in loss of residential real estate, leaving over 100,000 people displaced or homeless.

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What Investors are Thinking

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The real estate market is currently facing a period of uncertainty due to the economic impacts of the COVID-19 pandemic. Investors are worried about the potential for a prolonged recession, which could lead to a decrease in property values and a decrease in rental income. The uncertainty surrounding the future of the economy has caused investors to become more cautious about investing in real estate.

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