Economist Harry Dent JR Makes Predicts A Historic Housing Crash
In this video, we dive deep into the potential dangers facing the US housing market. With housing prices at record highs and interest rates climbing, concerns about a looming housing bubble are on the rise. We explore the stark predictions of Harry Dent Jr., who forecasts a potential crash of 50% to 80%, and examine the historical context and economic factors that could make this scenario a reality.We'll also look at the issue of housing affordability, the slowdown in income growth, and the parallels to Japan's devastating real estate collapse in the 1990s. Could the US face a similar fate?
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