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Reply to "Impact of stock market crash on real estate?"
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[quote=Anonymous][quote=Anonymous]People I know are dumping stock (they’ve made plenty even with the recent correction) and moving into hard RE assets (not reits). People need food, medicine, and a roof. [/quote] This isn’t a good time for the average person to sell. Unless you need the cash, you’re locking in big losses and RE markets are stronger, especially around DC, than they will be in 2-4 months. RIFs and FORKs and consumer sentiment have a long way to fall, unfortunately. As my kids would say, “ummm, hello” we are in the middle of month three of a four year term.[/quote]
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