Is Crash Possible? Not For These Real Estate Investments
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.
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