Quote:
Originally Posted by EvoFire
One thing to think about this imminent crash happening. If we do see a >30% crash, some developments/builds are going to run a deficit in the next 5 years. This is going to mean there would be minimal new builds in the next decade after the current spate of developments are done. When the downturn is over, the rise in RE prices are going to be pretty epic once everyone starts getting in again.
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Likely scenario is we're heading towards are more "normal" balanced RE market with minimal gains for the foreseeable future.