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What do you mean by go down? It’s been going down for a long time. Real estate prices may go down short term but they go up long term due to asset inflation. For better or for worse, US is propping up the world economy still (until hyperbitcoinization IMO).

If you see real estate as a long term option, then you’re probably going to end up ok.

cuban 2y ago

RE for me is mostly just a place to live and less of an investment. Would be looking to buy at close to a long term trend line. Feels a bit spiky right now if that makes sense.

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Discussion

Bobby 2y ago

To be honest, I can’t see how the spikiness doesn’t go away. I don’t think the Fed will let us go into default. They’ll just go into money printer mode to “save” the economy ultimately jacking up prices again due to asset inflation.

cuban 2y ago

I could see a 10-15% drop before fed action but who knows

Bobby 2y ago

I think you’re right. But if history is our guide, it’s short term.