>buys all the real estate.
>goes bankrupt.
>refuses to elaborate.
(media.kotakuinaction2.win)
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It's already starting. Expect it to drop by a minimum of 30% over the next 5 years.
When real estate crashes, it doesn't happen all at once on a single day. It just doesn't fucking stop falling year after year after year without anyone able to do anything about it. It's a slow lumbering beast.
Frankly, I'm betting on a 50% to 80% drop in prices (disregarding inflation in that calculation obviously).
I want this to happen so badly. 30% drop would be great, 50% would be absolutely amazing. Feels like I'm rooting for a lot of people to suffer so I can't help but feel a bit guilty but houses have absolutely zero business being so expensive.
It's called a correction for a reason. The prices are just wrong. All those people's pension funds were already gone.