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Reply to "Impact of stock market crash on real estate?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]No. When people's net worth falls they are not going to go buy a house.[/quote] In some years like 2000/2001 the stock market crash real estate started to blow up as viewed as safer asset, Same happened in 2020 stock crash. Often stock market crashes cause real estate melt ups. [/quote] It’s funny that you think you’re dealing with something similar to Covid. Trump is fundamentally destabilizing the USA as a legitimate country so there is ongoing massive flight from US capital markets that in turn will destroy the net worths of American home buyers. Wake up. [/quote] Trump is destabilizing the global economy. The US will likely suffer less than our trading partners. Prime real estate, especially along the coast, in the mountains, and in big cities like NYC or SF, is a relatively safe place to park money when the market is tanking and confidence is low. I predict some sectors of real estate will rise. [/quote] With global warming and rising insurance prices, I would abandoned investments along the coasts.[/quote]
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