What To Do When The Real Estate Market Crashes (Explaining My Plan)
Monday, May 30, 2022
What To Do When The Real Estate Market Crashes (Explaining My Plan)
We're seeing some pretty grim numbers that are pointing at the Toronto real estate market taking a beating over this next period. It's starting to remind me of what happened in 2017. We had a lack of inventory which caused prices to rise like crazy, followed by an over supply of housing and speculative buying. You remember what happened after that? Prices went down and it took about 3 years for them to recover! If you're able to avoid that 3 year window by selling high and buying low, why wouldn't you?
In this video, I explain what I've been doing to prepare for a real estate market crash and why I think it will happen.