My big concern with real estate is when the mortgage and rent moratoriums expire and there are still 20-30 million people unemployed. They're going to have to move and that supply will depress prices.
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Looking forward to all the single family REOs we can scoop up for Real Blocks!
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100%
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@scaredycatguide Let's do it brother! There is going to be an abundance of opportunities all across the country for everyone who is ready to jump in!
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@nealmcsadden I agree with you 100%. Anyone who has exposure to the single family, condo and luxury markets are going to be hit the hardest. During times of inflation like we are seeing the biggest consistency is that people shift into renting apartments and so I see rents rising and multifamily prices declining less than the other Real Estate Assets.
Selling some single families and condos right now, might be a good play and stacking up some assets in the crypto and precious metals class might be a good hedge.
@scaredycatguide has the right idea! Let's buy the bottom!
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