Will We See A Massive Correction In Real Estate In 2024? - E767 - MM

There are concerns that a massive multifamily correction might occur in 2024. The increase in money printing, historically low-interest rates, and supply chain issues caused by Covid-19 may contribute to the correction.  Multifamily and SRF values have increased by 40% between May 2020 and May 2022, and bridge debt has become the top loan product in most markets.  Inflation has hit 9.1%, and the Fed has raised rates by 110x from .05% in May 2020 to 5.5% in December 2023.  Anyone who purchased assets at peak pricing with floating-rate debt may get squeezed by this. So, what do I think will happen in 2024… Subscribe to iTunes now, and find out what it means for YOU. Interested in investing with Asym Capital? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register.   CFC Podcast Facebook Group