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by eloff
2273 days ago
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Real estate is a lagging indicator, meaning it lags quite a bit behind changes in the economy. I suspect home prices will drop after this crisis. Probably 1-2 years from now. The economy is going to take a big hit, maybe the largest since the great depression. I'm not qualified to offer financial advice, but that's what I've been thinking for myself personally. I don't have a crystal ball though. |
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