Now might be the worst time in history to buy a home.
We are due for a major market crash in the coming year—possibly the largest crash in history. The housing market will be a part of that crash. I know a few people who bought their first home recently and I expect their mortgage to be deep underwater a year from now.
I know inflation is running hot, but during a market crash the US dollar always shoots up in value compared to everything else. A year form now there will be plenty of people eager to take your money if you have any.
the US dollar always shoots up in value compared to everything else.
But will it do this NEXT time. Unprecedented times my friend.
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