Triggers to Set off the Next US Housing Market Real Estate Collapse
Housing-Market / US Housing Apr 17, 2018 - 11:54 AM GMT
Did you see the recent Bloomberg article about how Manhattan home sales have tumbled the most since 2009?
How about Thursday’s Washington Post article about how new D.C.-area real estate firms have started offering sellers a commission (rather than expecting them to pay one)?
Or the one from CNBC on Wednesday about how mortgage application volume was 5.5% lower last week, from one year ago?
Maybe you saw these two charts, posted on the Wall Street Journal’s The Daily Shot blog, showing that analysts’ views of the U.S. housing market have shifted to the downside…
All of it echoes what Harry’s been warning for a while. In fact, he recently wrote an eBook called Real Estate Doomsday: How to Protect and Grow Your Wealth During the Greatest Real Estate Crash in History.
And we’ve created an infographic to give you a quick glance at what Harry sees as the four triggers for the next real estate crash. Take a look now, then come back to see what else we talked about this week in Economy & Markets…
Harry
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Harry studied economics in college in the ’70s, but found it vague and inconclusive. He became so disillusioned by the state of the profession that he turned his back on it. Instead, he threw himself into the burgeoning New Science of Finance, which married economic research and market research and encompassed identifying and studying demographic trends, business cycles, consumers’ purchasing power and many, many other trends that empowered him to forecast economic and market changes.
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