If a crash is a drop in 20%, how could home prices fall from $100-$150k? That would mean you could build a new house cheaper—but you can’t. A drop in 5-10% would be gravity-defying, but a reduction in price by 20% AKA a crash?
It’s just not happening. Homes like this will likely never be this affordable again.
Prices of equivalent new build homes would be ~$200-250k, “thanks” to insane surges in the prices for materials and components integral to home construction.
🎙️The Get Rich Education Podcast:
📲 The Get Rich Education Apps:
🎧 iOS: http://bit.ly/iOSAppGRE
🎧 Android: http://bit.ly/AndroidAppGRE
🎥 “Real Estate Pays 5 Ways” Course:
✉️ Convenient Free Financial Education:
Don’t Quit Your Daydream Newsletter:
📖 80-Page Life-Changing Ebook:
7 Money Myths That Are Killing Your Wealth Potential:
🔔 Check us out on LinkedIn, Instagram, Twitter, Facebook, and https://www.GetRichEducation.com
This is not investment advice. This is Financial Education.