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Updated over 3 years ago, 06/10/2021
Market crash coming?
Good evening BPers, I'm sure everyone has been tuned in to things like the Stock market, crypto , tech millionaires & Real estate of course. I can't help but to see the large amount of self proclaimed veterans in the industry talking about how the economy is starting to mimic another crash . I'm just getting into real estate ( investing & STR's at the moment) so I only know as far as research will lead me when it comes to 2008-2009 (my middle school years, yikes) my question is :
Do you think we are going into another crash? And how badly do you think real estate will be affected this time around?
from my understanding 2008-2009 was more of a loan issue that couldn’t be corrected. I don’t think that is the case now but I’d like to get some insight from professionals who went through that time.
Thank you !