Hello BP community,

Some of you may read this subject and scoff at my post. However, I feel that this issue warrants consideration and would be especially useful to myself and other new investors.

As of late, many economists and market specialists are expecting the market to crash in the very near future. While I understand that many of these experts have perpetually pessimistic views on society and the economy, it is undeniable that the market has been booming at the highest rate since the years leading up to the previous financial crisis.

I understand from ample research on BP that many investment strategies are relatively unaffected by market dips and fluctuations because they are not typically reliant upon appreciation. However, I feel that a potential market crash could substantially impact beginning investors looking to make their first deal. If the market did crash, it would make it significantly easier for beginner investors to purchase properties with less money.

Thus, I would like to hear any thoughts and suggestions from the BP community regarding the possibly looming market crash, particularly in planning a first purchase as a beginner investor. Is it logical to wait until house prices drop or does it still make sense to ignore this and purchase a property now? Thank you all in advance for your insights!

Sincerely,

Tyler Vinsand