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Time To Buy A House?
More Updates On The Dinar, Housing, And The Work From Home Movement...
The Daily Ninja 5/27/24
Updates From The Economic Ninja
(5/26/2024)
๐ Economic Ninja offers insight on whether to buy a house in 2024 or wait, based on his experience investing in real estate since 2001.
๐ฐ 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.
๐ 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.
๐ The housing market is causing confusion and uncertainty, with people unsure if prices will keep going up or if a crash is imminent.
๐ธ The Federal Reserve is hellbent on destroying the purchasing power of your currency by 2% every year.
๐ 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.
๐ 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.
๐ 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)
๐ผ Remote workers are being called back to the office, leading to potential mass layoffs as employees are in bad positions after moving far away.
๐๏ธ The return to office work could have devastating consequences on the real estate market.
๐ผ Remote work has allowed companies to hire new employees and teach them better skills, while also addressing issues with existing employees' work ethic.
๐๏ธ Philadelphia Mayor is ordering thousands of city employees to return to work, showing a trend of ending remote work across different industries.
๐ 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.
๐ 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.
๐ผ Commercial real estate is imploding, companies are losing work efficiency with remote work, and employees are getting less attention from the company.
๐ The return to work cycle will have devastating effects on the real estate market.
Happy Memorial Day!
-Ninja Out