The Sacramento region’s economy will slow but avoid recession in 2019. Residents should expect a slowdown in labor markets, real estate, and the overall regional economy this year.The outlook for Sacramento County's real estate is troubling, as there is new data that suggests the market is currently plateauing.Sacramento County total home sales collapsed 22.5% year-over-year in December, the lowest for the month since right before the financial crisis of 2007–2008.
That would be Zero Hedge opinion or reprint of a report.
The issue is, will California start the big swing? Right now there is room for debt while tax decisions are made, about a year at best. But tax decisions may become a snarl at any moment, the system is mighty stretched.
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