From 2006 to 2012, the United States experienced its most significant housing market downturn since the Great Depression. This downturn had global repercussions, triggering a severe recession that extended well beyond the U.S. While much attention has been given to the 2008 financial crisis, the years leading up to it, known as the "bubble era," are often overlooked. During this time, U.S. housing prices steadily climbed, reaching a peak after 2002. This period was akin to a modern-day gold rush in real estate, with prices rising daily, causing dissatisfaction, confusion, and anger among buyers. Following the market crash in 2012, housing prices began to rise again, escalating dramatically after the events of 2020. A question raised by Tom Seymour, referencing a recent Financial Times article, highlights concerns about the current state of commercial real estate. The article mentions Charlie Munger's warning about a looming crisis in this sector, with U.S. banks holding numerous bad loans as property prices decline. The question seeks to understand the potential impact on commercial real estate, which sectors or regions might be most affected, and whether companies like Berkshire might become more involved in this market. Berkshire has traditionally not been heavily involved in commercial real estate, primarily due to tax considerations. However, there is a growing concern about the "hollowing out" of city centers in the U.S. and around the world, which could have significant and unpleasant consequences. Although the physical buildings remain, ownership may shift dramatically. The current market scenario is seen as unnatural by many, characterized by speculation, investment, and greed. It seems to be entering its final phase, raising concerns about the stability and future of the real estate market. But this is the perfect time to get rich..
Warren Buffett Explains "This Is How You Should Invest In 2024 To Become Millionaire"
Link To Join On Patreon & Discord
Benefits One On One Options Trading Training Sessions every week. A to Z of Options Covered Chat Support during US stock market hours. You can ask any question. Already 1000 plus members to chat and interact. Know what others are buying etc. Weekly Stock market commentary. Weekly Alert on options trades and buying selling opportunities. Timely Up to date commentary on changing stock market scenarios. Ask any question during US stock market hours. All above benefits for a monthly charge of just $20 dollars. Limited time offer, actual price is 120 dollars per month.
Read More
By: Millionaires Investment Secrets Title: Warren Buffett Explains "This Is How You Should Invest In 2024 To Become Millionaire" Sourced From: www.youtube.com/watch?v=hscW2Mgaius
