Question: What happens to REAL ESTATE in a bank crash (or currency devaluation)? Up, down, sideways? Does anyone know what has happened HISTORICALLY? - The Great Awakening - Where We Go Qne, We Go All!

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Question: What happens to REAL ESTATE in a bank crash (or currency devaluation)? Up, down, sideways? Does anyone know what has happened HISTORICALLY?

posted 1 year ago by ProudOfAmerica 1 year ago by ProudOfAmerica +44 / -0

I can see the following 'possibilities'....I'm sure there are more....

Do real estate prices 'explode upwards', because there is always a 'finite amount of land'?

Do real estate prices decline, as 'excess deaths' cause mass vacancies (increased inventory)?

If a loaf of bread (eventually) costs $300,000 (and salaries go up exponentially) - can people then pay off their (fixed) house loans for the price of a loaf of bread? Does that make houses more or less 'valuable'?

Do local/state gov'ts tax the heck out of property, to raise more revenue? (Making 'holding' real estate expensive.) Same with house insurance.

Can banks 'grab' houses from people - even if they can pay their mortgage?

Can the gov't seize property?

Is real estate one of the 'safe' bets?

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– Litecola2 1 point 1 year ago +1 / -0

And Black Rock will surely be happy to fill in the slack, as they continue to buy up property hand over fist

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