Tuesday, February 21, 2023 / by Nick Waldner
The truth about the impending recession and how you can prepare.
Sound the alarms; a recession is coming! Have you heard the news? If not, it’s important that you get up to date and prepare. I can’t predict the future with 100% certainty, but I have seen many stats that prove a recession should be coming. What are those stats? What should we do about this? How will this affect the real estate market? Today, I am here to answer these questions and more.
Watch the full explanation in the video above or skip to specific topics using these timestamps:
0:00 — Introduction
0:19 — Consumer debt is increasing, and savings are decreasing
1:08 — The Fed has raised the borrowing rate
2:10 — The real estate market goes up during a recession
2:54 — Explaining the only drop, which was in 2008
3:55 — When real estate is a good investment
4:48 — Wrapping up
If you want help investing in real estate or have more questions about the upcoming recession, don’t hesitate to reach out! You can call or email me anytime, and I’d love to help.