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Updated about 4 years ago,
real estate buying in 2021
Ken Mc ElRoy made an interesting video !
To summarize , we need to keep an eye on all those metrics , if mortgage delinquents and defaults rise, people moving away and where business closes, the house price drop the most is such area's.
While this is logical ,i think it will also take many years until this area will be stable again to can find good tenants to live in these houses. So there is a high risk of vacancy or bad tenants. I think the good area’s (with the opposite metrics) will stay expensive or get even more expensive, but in return there will be low vacancy and good tenants. What do you'll think of this video?