RE: Could, maybe or possible5 Oct 2022 14:09
I would argue there has never been such an event as a housing market crash. Financial markets Yes ! Even during some of the worst downturns a 15/7 % loss on peak prices was worst case scenario . Personally having experienced the vomit inducing mortgage rate rise in the 80.s ( no job + 4 kids to feed ) after Black Monday. We still need a roof over our heads whether rented or owner ..so fluctuations in price will always happen . Demand is always in the background .I'm not stating PMS sp is going to remain solid . Far from it .in times of turmoil u going to stash your wad under the bed and lose 11% per annum due to inflation .or hedge and attempt to claw bk some by investing in a bricks & mortar holding c ompany . Not for everyone but to me it's logic