The speaker believes the real estate market is in its 5th or 6th year and is waiting for interest rates to fall and the cycle to bottom out, noting that price corrections are rare, but stagnation or time correction is more likely.
"So I think we are in year five or six, right? Um now I would wait for a to a the interest rate going down and c uh for the bottoming of the cycle. Now I'm not saying that price correction will happen because price correction rarely happens on real estate, right?"
