ilmscore | The #1 Thing Every Rich Person Knows (That 98% Don’t)

Predictions from this Video

Total: 2
Correct: 1
Incorrect: 0
Pending: 1
Prediction
Topic
Status
The speaker predicts the possibility of a deep global recession lasting one to two years or more.
"But we could also be headed into a recession like a deep global recession that could last a year or two years or more."
Recession
Pending
Increased demand for housing due to lower interest rates will drive up home prices. Real estate investors will see their asset values increase, as will their rental income, and stock investments will also appreciate as businesses can borrow money cheaply.
"And now more people are going to want to buy a home. Well, if you have more demand to buy a home, where do home prices go? Up. Who owns homes? Well, yeah, if you're a homeowner, but if you are a real estate investor, now the value of your assets have just because now you own multiple real estate investments. Your rents have gone up. Your stock investments have gone up because now businesses can borrow money for effectively nothing."
Asset Value Appreciation
Correct