The next three years in “all” sectors of real estate will make the Great Depression look more like a mild case of postpartum depression and massive defaults in every real estate sector send much of our Rich Dad’s to the foreclosure auction block.
Many people who were once real estate rich, are now actually poorer than many people who didnt speculate or buy real estate in the last 5 years. I know because I see and talk to these people almost every day.
