Nov 5, 2015
This week, the head of the Federal Reserve, Janet Yellen, indicated that she would be willing to consider negative interest rates. For those of you who keep track of such things, you know that the European Central Bank did the same thing back in June - and that has not worked out so well. This is the kind of strategy that lives in what I call the "Crazy crap we should never consider doing" bucket.
So what happens if the United States embraces negative interest rates? Where would you put your money? Where would it make sense to put your money? Does this make it easier or harder to buy real estate? Does it effect real estate values? Whether you are a buyer, seller, investor or real estate entrepreneur, you should be considering how these kinds of actions by the Federal Reserve would effect you! After all, knowledge is power and I like to help you turn it up to 11!