4 More Ways to Wring More Value From CRE
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Unfortunately, incomes have not been rising meaningfully, as more of the economic output is accruing to capital in the form of profits and dividends.
MIAMI—Unfortunately, incomes have not been rising meaningfully, as more of the economic output is accruing to capital in the form of profits and dividends. So says Gary Carmell, president of CWS Capital Partners.
“As the average required credit scores have risen since the downturn, the trend does not look very favorable for first-time homebuyers to enter the market in any meaningful fashion,” he tells GlobeSt.com. “They’re generally lacking the credit, down payments, and incomes. This should keep people renting longer than they otherwise would, especially combined with the other factors cited previously…
