Is the real estate market about to crash?

[Cecile Poyet]

Hi, 

My name is Cécile. I live in one of the most expensive cities in the world, San Francisco (sighs). However, after joining the Bigger Pockets community, I believe I can reach my dream of financial freedom through carefully planned investments. Here are my initial questions:

- Is the real estate market about to crash? I found a lot of articles with concerns about the overall economy, including the real estate market e.g.https://seekingalpha.com/article/4240746-concerns-...

- Is now an average, better or worst time to invest than others? 

Thanks in advance for your contributions and for sharing your experience. 

Cécile

[Russell Brazil]

Yes it is about to crash.....but dont worry if you own property. I will purchase all your properties at a 20% discount to help you avoid the 50% crash. 

The bears always say some asset clash is doomed for a crash. They look like geniuses when they are right.....but fools the 99% of the time when they are wrong.

Real eatate crashes on a large scale are incredibly rare. The great depression then the housing collapse from a decade ago. 

You know what you do if prices crash...buy more property. No one can predict prices softening. Those people who claim to time the market are categorically wrong, and have convinced themselves they are geniuses because of 1 lucky guess.  I bought in the depths of the collapse...that didnt make me right or smart, I was an oppurtunist. What opportunity will tomorrow bring? Who knows, but Ill try to take advantage of what money I can make on any given day given the market conditions of that day.