real estate bubble

in #real2 years ago

I do not expect a major decrease in prices due to inflation and cost increase. Such a crisis has come that we feel the end of it right now. If the people who have houses for sale do not have a regular and serious income, those houses will have to be sold with serious discounts in order to maintain their daily life. In other words, it will seem that there is no decrease in general prices, newly offered houses will still be expensive, but with the individual financial crisis that will arise in people who seem to get along well today, and the increase in the number of people experiencing this crisis, there will be a lot of need and urgent housing sales, which has started to happen. During this period, those who have cash will be able to negotiate whatever they want.