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Updated almost 9 years ago on . Most recent reply

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21
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2
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Trace S.
  • Investor
  • Denver, CO
2
Votes |
21
Posts

Possible Real Estate Downturn ???

Trace S.
  • Investor
  • Denver, CO
Posted

😕😕  Talked to some people i know from the loan industry who work with residential loans nationally. (USA). They say they are starting to see/hear  up tick in calls of people asking questions about loan defaults and bankruptcies in different parts of the country. These people say the data looks similar to some data from back at the beginning of the last real estate crash. If the data continues they think sometime in 2017 we could see the beginning of another (somekind) down turn. 

Most Popular Reply

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786
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Ryland Taniguchi
  • San Francisco, CA
716
Votes |
786
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Ryland Taniguchi
  • San Francisco, CA
Replied

Downtown more like 2000 based on a stock market crash. The banks love to make risky investments in places like China and when these stock markets crash they always get hit. And then he banks with lobbyists always get bailed out and gobble up the smaller banks. Been happening since 1800 in America.

Real estate always goes down.

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