Jason HartmanCEO of Empowered Investor and Real Estate Tools

Real Estate Crash Inbound?

Name: Real Estate Crash Inbound?
Uploaded: 2023-11-27T23:19:26+00:00
Duration: 34 s
Channel: Jason Hartman
Description: In this brief monologue, the speaker asserts that another real estate crash is inevitable due to the cyclical nature of economies, but it is unlikely to…

27 Nov 2023 · 1 min

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In this brief monologue, the speaker asserts that another real estate crash is inevitable due to the cyclical nature of economies, but it is unlikely to occur in the near term. He references the 2007‑2008 crisis as a rare, roughly eight‑decade event, noting that while future downturns will differ in flavor, periods of economic distress are inevitable. The speaker highlights a paradox: despite historically low unemployment, a large portion of the population faces financial strain, leading to fragmented wealth concentration. He cautions against broad generalizations about the market, emphasizing the nuanced and uneven impact across different groups.

Chapters

Are we going to have another real estate crash? The answer is yes. Is it going to be anytime soon? The answer is probably not. And you know, there are always cycles. That's just the nature of the economy. Any market has cycles to it. 2007, 2008, that was a once in seven decades cycle. Almost eight decades, really. So are we going to see that again in our lifetime? It won't be exactly that flavor, but there will definitely be times of economic distress. You could argue that we're in one now. Even with unemployment being super low, you know, a huge segment of the population is struggling. So we are seeing this wealth concentration effect, and it's fragmented. So. So you can't paint things with like a broad brush, you know, it just doesn't work.