Another Crash 2017?
Hi All,
I'm hearing from multiple sources that a potential economic downturn is likely to take place in the next term. Everyone has a theory (China's recession, Brexit, cyclical nature of the market, etc.).
I figure this would be a good platform to get some interesting perspectives from a Real Estate Investor's standpoint.
1. Do you think a potential downturn is likely to happen? Why do you think so?
2. Are some regions more susceptible than others? Why?
3. What's your strategy? Wait patiently? Or are there more active strategies to prepare for the downturn?
Thoughts?
Thanks!
Cheng