Discover why high-end real estate is the most vulnerable and what it means for the future. 💸🏡

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Discover why high-end real estate is the most vulnerable and what it means for the future. 💸🏡

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RealWealth

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0 Views • Oct 3, 2024 • Click to toggle off description

"He lost 90% of his wealth in two years, $10 billion to $1 billion in two years when the last tech wreck happened. The rich people own all the financial assets and the most overvalued real estate and businesses, and they will lose the most money and they won't have all this money to buy 200 hundred million, $250 million boxes in the air in Manhattan and places like that in London, those places will go down the most. The high end real estate is the most vulnerable. The affordable stuff you're talking about, even if you're living in and say, well, I don't want to sell my home, I like it. I want to die here. Okay. If you're in that $150,000 house in Ohio, it didn't bubble that much. You can stay in that." - Harry Dent

Episode #757: Coronavirus: Economic Impact of COVID-19, Where to Put Your Money

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RYD date created : 2025-02-07T13:04:10.7386075Z
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