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NEXT 2 years - TOP 10 US CITIES - House MARKET ofCards
The fifth part of the #housingmarket overview around the world based on the wave theory brings a metaphorical crystal ball to market predictions. Now that we know which countries have already #crashed, we need to follow their patterns to determine which markets are next in line to crash. On this leg of our journey, we cross the pond to the #usa, where we explore another housing bubble that is ready to burst. Our research is grounded in local real estate agent data and official government statistics.
While #italy and #spain have already completed their cycles, the rest of the world is getting dangerously close to the pin that will burst the #property #bubble. In this video, we cover property markets in #atlanta, #austin, #boston, #chicago, #dallas, #detroit, #honolulu, #kansas, #losangeles, #lasvegas, #miami, #newyork, #orlando, #pheonix, #philadelphia, #portland, #sanfrancisco, and #seattle. We draw parallels between housing markets, comparing them to find similarities and potential trigger points that could lead to a market crash.
Disclaimer: The video provides general information about markets and related subjects and is not intended, nor should it be construed, as financial advice. For individual financial advice, refer to a professional financial advisor.
Sources:
https://www.redfin.com/city/30749/NY/New-York/housing-market
https://fred.stlouisfed.org/series/MSPUS
https://www.sofi.com/atlanta-housing-market/
https://www.zillow.com/home-values/13271/philadelphia-pa/
https://www.axios.com/local/austin/2023/03/02/median-home-sale-prices-drop-in-austin
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