Is a Real Estate Market Crash Happening This Year!?

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In this clip from the Weekly AMA, we talk about the current state of the real estate market.

Between rising rates and rising prices, new home sales are down 16% from April compared to March.

Neal thinks the American home buyer might be getting priced out and Mitch thinks the American buyer isn't selling to upgrade.

It's entirely possible that a massive Real Estate crash is on the horizon. This could be yet another catalyst to deepen the recession. It can also be a huge opportunity for people like us - who invest in real estate - to buy homes and land on the cheap to flip coming out of the next Recession.

Neal is a great example of someone who took advantage of this in 2008, where he made a killing on buying a cheap home that is now worth exponentially more than the purchase price.

Will this be another 2008-like event in real estate?

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8 comments
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16% down will create more opportunities to buy at cheap price, but down 30% will be a great chance for someone like me to own a house in America. hahaha

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The best option is to utilize the cheaper rate when it's favourable in other to own a house when it pretty much easier to get.

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Many investors(including myself) have been expecting an omni-bubble to burst. I was very wrong with the expected times. Yet the fundamental factors that would cause a bubble to explode in nearly every sector is already there. Eventually some correction is due.

One positive thing that can work out well for real estate is they have a real utility compared to a stock of a company that has never made a profit or some NFT that does nothing.
!PIZZA

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Great Video!

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Down by 16% it a good time to enter the market,and flip it after,crypto is going down stocks are going down, then what is going up?

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