Wednesday, November 25, 2020

Tag: Prepare For Asset Price Declines Of 50-75{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}

Prepare For Asset Price Declines Of 50-75{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528}

by Steve St. Angelo, SRSRocco Report:
What we have is a totally propped-up market based upon debt. Energy isn’t producing positive growth, really. So instead of having real economic growth, we have inflated economic growth and inflated asset values.

When growth starts to decline, I think we’re going to see the valuations of assets decline considerably. It’s anyone’s guess how quickly they can fall, but according to what I have been looking at, I think we are going to see a 50{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} decrease in real estate values right off the bat. I am not saying this will happen in a day, but the first wave will be a 30-50{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} decrease in real estate values when the markets really start to crack. They are already at the edge of the cliff — and I see prices falling down the cliff, struggling to recover, and then falling even further. Actually, I predict within the next 5-10 years, we can easily see a 75{5f621241b214ad2ec6cd4f506191303eb2f57539ef282de243c880c2b328a528} or more reduction in real estate values.