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Updated about 9 years ago on . Most recent reply
2016 Crash
I am new to REI and noticed a lot of seasoned investors have been buzzing for awhile about this 2016 crash. What should I be doing as an investor to prepare? I currently am 15 months into a house hack/live and flip deal. I can't cash out until May of 2016 to defer capital gains. Will I be okay? Is this the right idea?? And is it a bad idea to do another deal before next May? Appreciate any other ideas. Thanks!
Most Popular Reply
It will crash for certain. I have no experience in economics or real estate but I have seen enough math to know that the system we are in is unsustainable. People believe what they want and if you look at what is going on in the world (as well as what true experts have been saying who correctly predict trends) you will see that you don't want to be in real estate when the bubble bursts. We will move into a gold standard after the crash and things will be very different. Would love to talk with others who are also waiting to invest until after the dollar revaluation.