The Daily Ninja 5/27/24
Updates From The Economic Ninja
(5/26/2024)
📈 Economic Ninja offers insight on whether to buy a house in 2024 or wait, based on his experience investing in real estate since 2001.
💰 The big money in real estate is always made between the peak and the valley, presenting massive opportunities that mainstream media doesn't talk about.
📉 The downward turn in home prices is as much on a percentage basis as the great financial crisis, and this time it is a lot worse.
😔 The housing market is causing confusion and uncertainty, with people unsure if prices will keep going up or if a crash is imminent.
💸 The Federal Reserve is hellbent on destroying the purchasing power of your currency by 2% every year.
🏠 The problem is our nation is following Zillow and the National Association of realtors, who are motivated by you believing real estate is always a good investment.
📉 The impact of Federal Reserve rates on home prices and the economy is a delicate balance that can lead to chaos if not managed carefully.
📈 The real estate market is in a bull market when home prices are falling, making it a good time to purchase properties with cash flow and down payment.
(5/26/2024)
💼 Remote workers are being called back to the office, leading to potential mass layoffs as employees are in bad positions after moving far away.
🏙️ The return to office work could have devastating consequences on the real estate market.
💼 Remote work has allowed companies to hire new employees and teach them better skills, while also addressing issues with existing employees' work ethic.
🏙️ Philadelphia Mayor is ordering thousands of city employees to return to work, showing a trend of ending remote work across different industries.
📉 The return to work trend is not just limited to big cities, but is also impacting smaller cities, making it an easier transition back to the office.
📊 Smartphone location data analysis reveals that trips to Central Business districts have returned to pre-pandemic levels in smaller cities, while larger cities like Chicago, Los Angeles, and New York are still under 50% of CBD visits.
💼 Commercial real estate is imploding, companies are losing work efficiency with remote work, and employees are getting less attention from the company.
🏠 The return to work cycle will have devastating effects on the real estate market.
Happy Memorial Day!
-Ninja Out




