EP 239 – How is the 2008 Real Estate Crisis like 2023?
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SHOW NOTES
The real estate market often follows a predictable cycle of boom and bust periods. There’s a lot of talk in the real estate industry likening the 2008 crisis to what’s happening in the economy today, but there are some key differences worth exploring.
Inspired by his recent viewing of the film, The Big Short, host Mike DeHaan is taking over this week’s Friday Focus episode to delve into the 2008 housing bubble and the current state of the real estate market. He examines the consequences of poor lending practices, how inflated property values have led to a new set of challenges for investors and homeowners alike, and what real estate investors should be doing to adapt to present conditions.
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