U.S. President Donald Trump has threatened to impose far larger tariffs on the European Union and Canada if they work together to combat trade tariffs.
I really don't think that's how it works. Like no one has ever sold their house below market to such an extent that one would run to buy it. That makes no sense. If you lose your house, it goes to the bank.
I mean, anecdotally, I do know someone that bought a new build in mid 2008 for about 60k-ish less than what everyone else in the neighborhood bought for (earlier or later). The company building out the subdivision was pretty desperate and he had a solid stable job as a trucker. He managed to get all kinds of perks and stuff too.
oh, you'll know. talk to friends and family who may have been through this before. make a plan (or five) for something that works. there are paths depending on your goals - individual, multi-family, communal, etc. only you (and other potential participants) know what you might want to achieve.
the most important thing its talking to people who have been through it before. start doing that so you have some inkling of what to look for and what might work if you have resources. a great deal of it is luck but some of it is forethought.
reminder: none of this is competent financial advice and you should probably ignore it.
Think about what you're saying. The market value fluctuates over time. Right now US housing is artificially inflated because of monopolies and rampant real estate speculation. When it tanks, it could tank hard and fast, and it might never get back to current levels. Nobody knows. And that is the time when tens of millions of Americans would love to buy homes.
I can see you weren’t around when the fallout of 08 happened. Read some articles about the 08 crash. With all of these people losing their jobs, you don’t think there will be ramifications to that? The job market is complete shit right now, more people looking than jobs available. The dominoes have been tipped and are starting to fall. The sooner you realize that the better you will be on the recovery. There’s a bad moon rising and trouble is on the way.