[texaswhizzle]

Borrowing rates are just too low, and banks are letting people and businesses lever up way beyond reasonable levels.

Short term rentals are lucrative. Owners can earn many multiples of their costs per month on the short term rental market. Significantly more lucrative than traditional long term rental properties.

...and finally, the ridiculous bonus depreciation rules.

Borrow at low rates, secure cash flow into the future, and write off 100% of eligible improvements the year you spend. Yeah, no shit the housing market is going ballistic.

[imtringued]

Tell that to the savers, they are gladly accepting those rates.

[texaswhizzle]

If you’re saving cash you’re legitimately losing money.

The market is so wild that it doesn’t even make sense to make a down payment. Just take the PMI.