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Warning signs in the real estate market

The real estate market has played a significant role in the economic and financial crises over the past three centuries.

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Did you know that the major leading indicator of the great 2008/9 financial crisis was real estate? In fact, real estate has played a significant role in the majority of economic and financial crisis of the last three centuries.

The real estate bubble peaked in early 2006 — way before the stock market bubble peaked in late 2007 and the economy went into recession in 2008. When things began melting down, the Fed stepped in and pumped the bubble back up. We’re now going on $16 trillion of global money printing to offset the depression. And remember, as I wrote recently, our GDP growth has been slightly worse than it was during the actual Great Depression of the 1930s, even while stock markets are at all-time highs!

It’s happening again. The deceleration of home prices — particularly in major cities like Manhattan and San Francisco — is alarming. Next thing you know, they’ll be dropping. The market is clearly shifting, so I give you the details in today’s video.

Harry Dent: What is the Real Estate Market Telling Us Now?

Harry Dent: In 2008 it was the massive real estate bubble that proved to be an indication much worse things to come, and we're seeing similar indicators in the real estate market today…Check out other indicators Harry's looking at that point to another major financial event: https://bit.ly/2Uerdzt

Posted by Economy and Markets on Thursday, April 11, 2019

(Featured image by Alexander Raths via Shutterstock)

DISCLAIMER: This article expresses my own ideas and opinions. Any information I have shared are from sources that I believe to be reliable and accurate. I did not receive any financial compensation for writing this post, nor do I own any shares in any company I’ve mentioned. I encourage any reader to do their own diligent research first before making any investment decisions.

Harry S. Dent Jr. studied economics in college in the 1970s, receiving his MBA from Harvard Business School, where he was a Baker Scholar and was elected to the Century Club for leadership excellence. Harry grew to find the study of economics vague and inconclusive and became so disillusioned by the state of his chosen profession that he turned his back on it. Instead, he threw himself into the burgeoning new science of finance which married economic research and market research. Identifying and studying demographic trends, business cycles, consumers’ purchasing power and many other trends empowered Harry to forecast economic and market changes. Over the last three decades, he’s spoken to executives, financial advisors and investors around the world. He’s appeared on “Good Morning America,” PBS, CNBC and CNN/FN. He’s been featured in Barron’s, Investor’s Business Daily, Entrepreneur, Fortune, Success, U.S. News and World Report, Business Week, The Wall Street Journal, American Demographics and Omni. He is a regular guest on Fox Business’s “America’s Nightly Scorecard.” Harry has also written numerous best-selling books over the years, such as The Great Boom Ahead, The Roaring 2000s, the Roaring 2000s Investors and The Demographic Cliff.In his most recent book The Sale of a Lifetime: How the Great Bubble Burst of 2017 Can Make You Rich (2016), Harry looks at the upcoming economic crisis and reveals how it could be the single greatest chance to build wealth we’ll ever see and how we can capitalize on such a unique and historical opportunity. He explains how many of the richest Americans in history have used this same kind of opportunity to quickly accumulate incredible amounts of money, in a short period of time.

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