Time to Buy Low and Hold On
The residential real estate market has pretty much bottomed out and has created a domino effect on the rest of the economy. Look for a full blow recession soon as when the real estate market collapses, so does the rest of the economy.
This does not mean that you should not be investing in real estate. Real estate is always a viable investment. A real estate recession is an excuse to buy low and hold on tight until the market rebounds.
Posted by Danny Ko on Saturday, June 25, 2016