ilmscore | Prediction Details
"I'm hopeful and I'm I'm relatively confident at this point that we're not going to see a 2008 type event um that we could get to a typical recession where we see fear kind of in that to to to make up numbers four five six range and I think the 456 range on fear is an amazing opportunity for investors because typically you're going to see a lot of transactions in that range you're going to see lending still relatively loose in that range you're going to see values still relatively strong in that range there's enough demand out there that I don't think that even with transaction volume doubling or tripling that we're going to see values drop I I think that this is going to end up being a good recession if there is one of those things for us as Real Estate Investors because I I think it's going to give us a lot of benefits without the without all the drawbacks of something as bad as 2008"
By BiggerPockets | August 16, 2024 | Pending
From video
What Happens if the Housing Market Crashes (& What Could Cause It) 00:38:22 - 00:39:15
Interpreted Prediction
A 2008-type real estate event is unlikely. A typical recession with moderate fear (4-6 on a 1-10 scale) would present an amazing opportunity for investors, characterized by many transactions, relatively loose lending, strong real estate values, and no significant value drop, yielding benefits without the drawbacks of a severe crash.

Prediction Details

Topic
Recession, Real Estate Market

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