Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Market Trends & Data
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 3 years ago on . Most recent reply

User Stats

4,499
Posts
5,918
Votes
James Hamling
#2 Buying & Selling Real Estate Contributor
  • Real Estate Broker
  • Minneapolis, MN
5,918
Votes |
4,499
Posts

0% Risk for R.E. Collapse '22'/'23' - Prove Me Wrong

James Hamling
#2 Buying & Selling Real Estate Contributor
  • Real Estate Broker
  • Minneapolis, MN
Posted

Lot's of posts about all kinds or fear, warnings, terror this and that of R.E. collapse/crash being eminent, any moment, about to happen etc. AND how it's going to wipe us all out.

I and many have replied and written at extent on this and yet it persists without relent, the sky is about to fall and we will all be crushed by it. So I thought I'd do this differently, I have a VERY simple basis, 1 simple single data point I will stand upon here, data source listed and should be beyond legitimacy of data source.     I stand upon this 1 item that I have 0% risk or fear of any collapse that will end us all like the dinosaurs of old because if following BASIC standard practices, all one has to do is NOT SELL and wait, maybe a few years. 

I base my standing on THIS data, that NEVER in our lifetimes has the R.E. sky collapsed and "killed all". That all anyone has EVER needed to do is hold and wait a few years. EVER! And huge 30%+ drops are NOT some every few years cycles etc.. That ALL the Doom-Preaching is just that. 

My ask, nah CHALLENGE is PROVE ME/THIS WRONG.    Prove how this 1 simple fact listed below is wrong, that by following the basic standard investment real estate practices as defined ins standardized investment property finance for leverage and standard practices of operations etc. that all one has to do is WAIT and not only not loose $ but will profit, is incorrect. 

  • James Hamling
business profile image
The REI REALTOR®
5.0 stars
7 Reviews

Most Popular Reply

User Stats

583
Posts
526
Votes
Rodney Sums
  • Laveen, AZ
526
Votes |
583
Posts
Rodney Sums
  • Laveen, AZ
Replied
Quote from @James Hamling:

Lot's of posts about all kinds or fear, warnings, terror this and that of R.E. collapse/crash being eminent, any moment, about to happen etc. AND how it's going to wipe us all out.

I and many have replied and written at extent on this and yet it persists without relent, the sky is about to fall and we will all be crushed by it. So I thought I'd do this differently, I have a VERY simple basis, 1 simple single data point I will stand upon here, data source listed and should be beyond legitimacy of data source.     I stand upon this 1 item that I have 0% risk or fear of any collapse that will end us all like the dinosaurs of old because if following BASIC standard practices, all one has to do is NOT SELL and wait, maybe a few years. 

I base my standing on THIS data, that NEVER in our lifetimes has the R.E. sky collapsed and "killed all". That all anyone has EVER needed to do is hold and wait a few years. EVER! And huge 30%+ drops are NOT some every few years cycles etc.. That ALL the Doom-Preaching is just that. 

My ask, nah CHALLENGE is PROVE ME/THIS WRONG.    Prove how this 1 simple fact listed below is wrong, that by following the basic standard investment real estate practices as defined ins standardized investment property finance for leverage and standard practices of operations etc. that all one has to do is WAIT and not only not loose $ but will profit, is incorrect. 


 People with short horizons are the ones that may have a legitimate reason to feel the sky may fall (i.e. flippers)

Otherwise, for the buy and hold investor concerns about a crash are risks for buying at a peak rather than the ensuing trough that would be more optimal. 

Loading replies...