George Gammon: When Will Housing Prices Go Down?

Jason Hartman and George Gammon discuss whether housing prices will go down because of the global pandemic. Where is real estate going? The retail market is down, and the oil market is struggling as well. Retail spending has reached its biggest decline in the past seven decades. Hartman explains how this connects with the real estate market in a significant way. Basic necessities are key, and housing counts as a necessity, so this aspect remains largely unchanged.

However, if you invest in high-end markets, you aren’t nearly as safe. In fact, it is best to stay away from these uncertain cyclical markets. It’s also important to keep in mind that rental demand is up, while sales and homeowner stats are less predictable at the moment.

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Видео George Gammon: When Will Housing Prices Go Down? канала Jason Hartman