great article about why people don’t get started investing

DUCKSRebecca Liebman

Cofounder of LearnLux and 2016 30 Under 30 honoree.

“If you wait until you’re ready, you’ll be waiting for the rest of your life.”

Early on in starting my company, people advised me that I should have more experience, more time, and more money. I didn’t.

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Home Owning confidence level higher

 

boomerang buyers

 

This was the results of a survey done to see how renters felt about whether this is a good time to buy

“One interesting potential bright note for housing in the July survey is that younger households may finally be shifting toward buying rather than renting in greater numbers. Whether the shift in sentiment in July toward buying rather than renting on their next move holds up or is a temporary reaction to their view that rents are on the rise and mortgage rates will be lower, we will see. However, we are getting set to release some additional research in early August showing evidence of a broader move by older millennials in the direction of ownership.”

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Using real estate to launder money

“Los Angeles has long attracted wealthy individuals willing to spend millions of dollars for a sprawling estate in the chaparral hills above the city or along its fabled coast.

But in addition to movie stars, financial executives and foreign billionaires, Los Angeles real estate has also attracted criminals seeking to launder ill-gotten gains by purchasing its tony mega-mansions.

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