Miami Home Prices to CRASH BY 30%?
Miami is one of the worst cities to buy a house right now.
That's because 1) the economy always gets hit hard by recessions, meaning lots of forced selling could hit Miami's Housing Market soon and 2) home prices are over 30% overvalued.
Miami's Housing Market is also very volatile historically, having crashed by 50% in the last housing downturn from 2007-12. I don't necessarily think prices will drop by that much again. But that history has to concern buyers and real estate investors in Miami today.
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Видео Miami Home Prices to CRASH BY 30%? канала Reventure Consulting
That's because 1) the economy always gets hit hard by recessions, meaning lots of forced selling could hit Miami's Housing Market soon and 2) home prices are over 30% overvalued.
Miami's Housing Market is also very volatile historically, having crashed by 50% in the last housing downturn from 2007-12. I don't necessarily think prices will drop by that much again. But that history has to concern buyers and real estate investors in Miami today.
---
REVENTURE APP: https://www.beta.reventure.app/dashboard
JOIN as a CHANNEL MEMBER ($5/Month): https://www.youtube.com/channel/UCVTQunGrE3p7Oq8Owao5y_Q/join
DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Neither Reventure Consulting or Nicholas Gerli are registered financial advisors. Your use of Reventure Consulting's YouTube channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, YouTube, E-Mail, and Instagram) for communications with Reventure Consulting does not establish a formal business relationship.
Image(s) and/or Footage used under license from Shutterstock.com. https://www.shutterstock.com/
Additional stock footage provided by Envato Elements. https://elements.envato.com/
Видео Miami Home Prices to CRASH BY 30%? канала Reventure Consulting
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