The World Has Changed, But THIS is Still the Best Way to Invest in Real Estate

"We're still in the sort of the peak of millennial home buying and the front end of Gen Z is also a very big population. And so this is probably going to last for several more years at least."

"I also strongly believe that rent growth, even though it's been flat for 2 or 3 years, I think it's going to accelerate in the next couple of years."

"And supply constraints are actually only getting worse. And I think we might actually see a decline again in construction over the next couple of years."

"I've been saying for several months now that I thought the stock market was overvalued. It was too expensive. And I sold about 25% of my entire portfolio, which is sizable amount because I wanted to get out of what I expected to be a volatile period in the stock market."

"But I personally don't believe like a significant market crash where we see prices in the housing market fall by 10% or more. It's not, at least right now, the most likely outcome."

"Instead, we're probably going to continue with what the housing market normally does, which is stay close to the pace of inflation."

"my math says that now you could achieve it between 8 to 12 years instead of 8 to 10 years."

"The market is softening and we are moving towards a buyer market. And that does mean in a lot of cases appreciation might slow down over the next couple of years."