5min chapter

What Goes Up cover image

New Risk: Self-Fulfilling Recession Calls

What Goes Up

CHAPTER

What's the Downside Risk for Real Estate?

i think national prices, hash prices esfectively go flat here over the next two, three, maybe four years. That means big parts of the country are going to experience meaningful price declines. The poster child would probably be charlotte, north carolina, a tampa, florida,. You know, a phoenix, arizona, a boisy, idaho. And its fundamentally goes to afford ability, right? Because prices have risen so far so fast in these markets and it is simply, people just simply can't afford to buy the home.

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