Correct, real estate can fall, but it many parts of the world it...

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06/04/18

14:47

Post #: 32274985
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Originally posted by Crom Valen ↑

real estate can also fall.... the problem is, it hasn't fallen for a very long time, but that doesn't mean it won't eventually fall..... and possibly fall dramatically.

Anything can crash, Silver, Property, Tulips - whatever. The big GFC causing crash in the US wasn't that long ago really....

https://en.wikipedia.org/wiki/United_States_housing_bubble

The United States housing bubble was a real estate bubble affecting over half of the U.S. states. Housing prices peaked in early 2006, started to decline in 2006 and 2007, and reached new lows in 2012.^[2] On December 30, 2008, the Case–Shiller home price index reported its largest price drop in its history.^[3] The credit crisis resulting from the bursting of the housing bubble is—according to general consensus—an important cause of the 2007–2009 recession in the United States.^[4]^[5]
Increased foreclosure rates in 2006–2007 among U.S. homeowners led to a crisis in August 2008 for the subprime, Alt-A, collateralized debt obligation (CDO), mortgage, credit, hedge fund, and foreign bank markets.^[

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Correct, real estate can fall, but it many parts of the world it was in a mania and people were 'investing' their money in shonky loans for a few extra % interest.

It was easily predicted though, there were warnings galore, but suckers continued to throw money at housing, particularly in the USA.

https://www.theguardian.com/business/2008/jun/30/subprimecrisis.creditcrunch.

However, if you'd invested your money in real estate during the GFC, you'd have made a fortune.
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Correct, real estate can fall, but it many parts of the world it...

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