“Worse Than 2008…” – Harry dent
Housing market crash will be worse than 2008, according to Economist, Harry Dent. He believes home prices will return to the mid-2012 levels, making this real estate downturn the worst in U.S. history.
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CREDIT:
FOLLOW HARRY DENT:
Harry Dent’s website: https://harrydent.com/
X (@HarryDentjr): / harrydentjr
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10 Comments
I’d say never sell your fully paid off house. House is a house. If you can’t pay taxes on it or if you lost your job, rent out a room or a basement for extra income. But don’t sell it. If it’s mortgaged heavily get rid of it, it will be a money pit in the next few years.
Whatever Harry says, do the opposite.
Harry has been screaming "fire" for ever………………….. someday (and that day may never come) there will be a fire.
EXCUSE ME, BUT ILL KEEP MY REDWOOD CABIN, I TS FCKN PAID FOR.
68 % OF RESOURCES ARE NOT IN THE WEST !!! IN A REAL FREE MARKET THE WEST WOULD HAVE TO PAY TOP PRICE FOR ANYTHING !!!!! PAYMENTS MUST BE IN GOLD & SILVER !!!!! SO DONT BE FOOLED !!!!!
NO TIME in history of any other bubbles where you have EVERYTHING in bubbles AND you have crypto worth 100 times more than real rare Gold??? Literally faceless people writing a program than anyone can write thus worthless THEN its released and makes a fortune??? eg, Thankyou RC Scammer lady for getting me onto XXXRTVG Crypto and i making 20,000 a week now????? While real stock return barely a few % now!! and housing is crashing everywhere but Aust as we are bringing in 500K immigrants against only 23 million citizens so our debt and risk is insane. Geez, this will end badly as all the fake crap crashes and Gold /silver and buffets investment are left standing. TA, Crypto, Eskimos! haha, Gods, psychics ect , Bubbles , cant believe how gullible and stupid our species is!!
My house is under contract and I'm nervous as a cat on a hot tin roof waiting for it to close next month. I'm not buying anything yet. Partly to keep out of the temptation of buying anything right now I'm going to Ukraine as a volunteer in my field (trama resolution) for at least a year. When I see the average price of real estate approching 2012 – 2015 prices I'll get serious about buying a much nicer place than what I'm selling today.
Gold, silver bitcoin S&P 500, NYSE used cars, new cars, food rent building materials housing is all at an all time high and you going to tell me that housing is going to crash when everything else is ripping higher or in a high inflationary decade get used to it
I want to see harry dent more often
Good advice!