We all remember 2008 and the real estate bubble pop... and the reinflation.
Many real estate investors are now talking about the coming recession and real estate price collapse.
However, i have seen none of them calling to "Run for the hills".
But, that is what should be done today.
Several things are happening that have never happened before... and it's all at once:
But none of those are the big ones:
Even at free, many people will not be able to afford an old, poorly insulated house.
The housing market will not fall off a cliff (unless a natural disaster also happens)
But large cities will become more and more like Detroit.
The only people staying being those who rely on welfare, and leftists.
The neighborhoods will continue to disintegrate as more crime and human faeces build up.
Houses will take longer and longer to sell.
And, if you are a land lord, you may find yourself unable to evict tenants to sell the house.
All while it becomes harder and harder for anyone to get a mortgage.
Basically, home prices will drop past $0. It will cost to get rid of some places.
Well, above all, you need a community.
People that will help you in defence, growing food, repairs, and such.
Then, build a house there.
A house that is well insulated, has as much passive solar heating (and cooling) as you can get AND has a greenhouse.
Soon, it will be
Your house is not an asset. It is a liability
Soon, a VERY BIG liability.
