The top economists in the world are right 51% of the time. . .

But economists are worried because the latest unofficial data suggests the U.S. economy is sagging again.

Financing costs are the main barrier for first-time buyers in many U.S. housing markets.Home prices “really rebounded much more strongly than I think any of us had thought they were going to,” Frank Nothaft, the chief economist at CoreLogic, told Barron’s.

A lot of the (real estate focused) economists I follow point toward a 2021-2022 market downturn.

Professor and Dean Emeritus of the NYU Stern School, and economist Peter Henry spoke recently on a podcast about the 'end of life illusion.' 

Meaning, these items are independent of each other in real monetary terms but may correlate and have causal effects if no other aggravating circumstances are in play.We need a GOOD macro-economist on these forums to set us straight!

And, as long as some percentage of the population remains wary of crowds after the economy opens up, it will have a depressive effect on the economy, and that will ripple through the economy negatively.It's hard to recall now, but if you look back at the Great Financial Crisis, you see many economists and politicians denying that we were in a recession, and then denying the recession would last long; denying there was a housing bubble, and then denying that there was a housing crash.I think it's just too early to make any solid predictions, other than long-term trends continuing or accelerating where the driver is cost savings.Though I would buy a heavily discounted multifamily property a block away from an Amazon distribution center right now. . . .

I'm not an economist (I just read all of the reports), but there are certain underlying metrics at play here that are signaling that in 12 months we will see the credit fallout.  

There is agreement among economists on the need to stimulate growth once the epidemic is under control.

@Tyler lee as an economist i would think that there would be a decline in the prices of real estate in submarkets.