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.
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