As the brilliant Isaac Newton noted tons of years ago: “What goes up must come down”. A new big financial crisis is around the corner but fortunately, you still have time to prevent disaster now. Think about it: What if you had $100.000 and suddenly they evaporated to just $9.348,57 (yes, worse things have happened before in our history), just tell me, how would you feel?
Do you really want to miss the opportunity to be safe? Perhaps you don’t own a house yet but someone you know might, and.. What if you could be remembered as the amazingly nice person who helped others in preventing the big crash?
Let’s dive into the future and feel yourself proud for being able to say: I’m glad I prevented this! As the saying goes: “better safe than sorry”. For more information, the options provide the best possible starting point.
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But first, let’s go back in time and recall what is known as the “Great Crash”:
The Wall Street Crash of 1929, also known as the Great Crash, was a major American stock market crash that occurred in the autumn of 1929. It started in September and ended late in October, when share prices on the New York Stock Exchange collapsed.
It was the most devastating stock market crash in the history of the United States, when taking into consideration the full extent and duration of its aftereffects. The Great Crash is mostly associated with October 24, 1929, called Black Thursday, the day of the largest sell-off of shares in U.S. history, and October 29, 1929, called Black Tuesday, when investors traded some 16 million shares on the New York Stock Exchange in a single day. The crash, which followed the London Stock Exchange's crash of September, signaled the beginning of the Great Depression. (3)
Although we consider really important this prediction that explains the dynamic way better than we would:
“Home prices in most markets around the country are high, even though we are in a recession. Why Image Highlighting - Prediction 11 Home Prices Will Continue Rising. As I mentioned before, it comes down to supply and demand. Demand is high due to the coronavirus driving people out of cities, condos and apartments. Supply is low due to rising building costs, increased regulations, lack of construction financing, short-term rentals, and people staying put. The lack of supply cannot be fixed overnight. It can take years to get a subdivision up and running. At RealWealth, we bought 4,200 lots in the Tampa area during the Great Recession for ten cents on the dollar. 10 years later we finally have the approvals to build. The resources needed to build a subdivision are not always available, like water rights and access to power and sewer. Plus, financing for these types of projects dried up during the Great Recession. Demand won’t likely wane anytime soon either. Millennials are just now forming families and at the typical home buying stage in life. Behind them is another generation of Gen Z that is graduating from college and not keen to move back in with mom and dad. Finally, the baby boomers are living longer. And the population in the US continues to grow. There are more than 25 million more Americans than there were during the Great Recession just 10 years ago. These people need a place to live. As long as interest rates remain low, which will likely be a while, housing will continue to boom – especially in affordable markets. At some point, interest rates will go back up in order to help cover the national debt. When that happens, don’t expect a lot of people to want to move to a new home and take on higher interest rates. They will likely stay put, which will in turn, affect supply. With inventory so low as well as interest rates, housing and economic experts predict that home prices may continue to increase. They went up 12-15% this year on a national level during one of the craziest economic cycles in history.” (4)
So this might and might not be the last chance, but as the future is uncertain is better to be up to date and why not doing it with the opitons thousands of people are using, feel free to take a look at them.
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