How to Avoid The Real Estate Crash of 2023??
youtu.be
The video discusses the impact of economic recessions on real estate market prices. The speaker notes that while some real estate prices may decrease slightly during recessions, the majority of real estate markets remain steady or even increase in value. The speaker provides examples of past recessions in the United States and the corresponding real estate prices at the beginning and end of each recession. The speaker emphasizes that owning real estate over a long period of time is generally a good investment, and real estate prices have increased significantly over the past 50 years, making real estate ownership a potentially lucrative investment.
The speaker discusses the recession of 1980 and the early 1990s, both caused by inflation and increased interest rates. During these recessions, real estate prices held steady or even increased slightly. The speaker notes that real estate prices generally increase over time, even during recessions and periods of high inflation and interest rates.
The video also discusses the 2008 recession, which had a substantial effect on the real estate market. However, the speaker notes that this recession was different from previous ones, which were caused by inflation or high interest rates. The speaker encourages viewers to invest in real estate and hold onto the asset over time, as real estate prices generally increase over time despite short-term dips and downs. The speaker's purpose in being on social media is to show viewers how to create wealth through real estate investment.
The video discusses the impact of economic recessions on real estate market prices. The speaker note