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>> It will not crash. you are wrong and you do not know history. it will crash and then it will recover and then it will crash again. real estate is cyclical.
by readhn 7y ago
>> It will not crash.
you are wrong and you do not know history. it will crash and then it will recover and then it will crash again. real estate is cyclical.
- Bombthecat 7y agoI would argue, it will crash. But not anytime soon. More around 10ish years or even more. States, money and firms are now in a tight gridlock. Way more than before. So will just pumping out more money. Fear the day "they" decide to flood the real market with money and not just stocks and shares.
- readhn 7y agoDo you know what is the average time difference (in years) between peaks in construction (and land values as a result), historically speaking?
- collyw 7y agoThat depends. In Barcelona prices peaked around 2008. Then went down at around the same rate that they went up at. Until ~2013 Then went up again. Is that considered a crash?
- readhn 7y agoin '08 it certainly was. this is not "important" if its your house - since you live in it, values could go down to zero - who cares? you still need a place to live in. It becomes very important if we are talking investment.