Predictions of deflationary cycle in housing market
Hello,
I recently came across a video in which Mike Maloney, a (former?) Rich Dad Advisor, provides strong evidence for an impending and significant deflationary cycle in the housing market due to a convergence of factors that are all heading in a downward direction. I recommend watching the video which can be found here: https://www.youtube.com/watch?v=8GP87dgTqF8. It's about a half hour in length and well worth watching, but I'd like to get other opinions on this topic as it can factor heavily on one's investment decisions.
Thanks,
Greg Markham
I can't predict national markets; so, I invest to force appreciation and generate cash flow...and invest in properties and locations that are less susceptible to negative market swings.