Real Estate Warning
Real Estate Warning
If the stimulus stops and the interest rates adjust for inflation, the stock market and the real estate market will both get hit hard for sure. We are deep into a stimulus driven economy.
it’s sooooo bad for the economy overall, and its not fair to young people starting out that have saved for a down payment. I understand they don’t want another housing bust, because housing feeds many industries – it feeds the trades-plumbers electricians etc, home improvement stores, building supply manufactures, etc. However, it seems that people have sprang right into travelling and spending money like before the Pandemic, so personally I feel they need to raise interest rates at least some, to reel in the consumer, and add some inventory to the housing market to slow down the price accelerations. A modern day epidemic of this magnitude has never been experienced – so economists just don’t know how to handle the fall-out.
Housing Market Update
Housing Market Update
It’s not all about housing prices. It’s more about devaluation of purchasing power deliberately caused by the central banks counterfeiting the fiat currency.
The reality is most of these “ prognosticators†have a vested interest in keeping the money train rolling. Saw the same thing in 07 and 08….†buy now before you can’t afford to†right before it all fell apart and people’s homes were worth half what they paid for them! Read more 
2021 Housing Bubble
2021 Housing Bubble
Great to hear Schiff’s perspective on how inflation is the driving force behind the RE bubble. Gives me some reassurance on buying a primary residence in this market, since the inventory crunch isn’t getting solved any time soon. A hard asset is way better than holding fiat currency, especially as inflation worsens.
Love how you’re already up $30K on your lumber stockpile! Raw materials are going through the roof. Copper is another one that is seeing all time highs. Read more
2021 Real Estate
2021 Real Estate – Will we see this real estate bubble pop?
Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and has an upcoming book: “ABCs of Buying Rental Property. What should you expect for real estate and house prices for 2021? Is the crash still coming, or should you buy a home right now?
*One should always consider that this is just one persons opinion! DISCLAIMERS: Any information or advice available on this channel is intended for educational and general guidance only. This website is not be liable for any direct, incidental, consequential, indirect, or punitive damages arising out of access to or use of any of the content available on this channel. Consult a financial advisor or other wealth management professional before you make investments of any kind. Read more