Aug 28, 2015

The Wall Street Journal reports that luxury apartments are currently the dominant trend in the rental markets with renters paying upwards of $3,000 to $4,000 a month for a two bedroom in larger metro areas and $2,000 a month in markets like Phoenix and St. Louis. Renters are suddenly spending more of their total budget on housing than they have in years, squeezing out their budget for stocks and other purchases. Will it affect the markets and the economy. Steve and Sinclair review.  This is another squeeze painting the deflationary picture we live in, and why this economy is stuck in "flat." As an investor you need to know your situation and foresee what's coming next. In the Q & A segment, real estate attorney Stephanie Wilson joins the A team to discuss the risks and issues with mold--both from the victim's and investors perspective.