Posts

avatar of @taskmaster4450le
25
@taskmaster4450le
·
·
0 views
·
1 min read

Personally I think the next real estate crash will be the last. It will never recover. Those who are selling and renting to see how things pan out are smart.

I believe the combination of the remote work along with technological advancements in construction is going to keep the market suppressed. We are in a 70 year urban real estate bubble that came as a result of having a monopoly on the good paying jobs. This will reverse over the next few decades.

Since down markets in real estate tend to be a long time (just like bull markets), the technological advancement by the end of the decade in construction will make putting up residences a lot cheaper. Couple that with the move away from urban areas and we see how it is ripe for a permanent reset.

Posted Using LeoFinance Beta