With a depression likely looming, people are naturally wondering where the economy is heading in 2023 and beyond.
This incoming depression has an inflationary twist given the mass inflation that has swept across the West… the dangers of unchecked central banking for you.
As for housing, there’s some things to clarify.
We have previously noted on this website that the conditions for housing are fundamentally different from those in the 07-08 housing crash.
Namely, there are not as many distressed homeowners in 2022 as there were during the aughts.
So there won’t be a housing crash but there will be unique challenges and opportunities.
Regardless of the economic circumstances, you should always be building your income property portfolio.
Income property is the most proven asset class on the planet. And it’s also the most tax-favored asset class in America.
For that reason, you should be doing everything possible to acquire income properties. These assets are the keys to your financial independence.
We’re living in a time when house renting is becoming much more common. The precarious nature of the American economy has compelled people to increasingly become renters.
It’s one of the most shocking economic trends of our time, and savvy income property investors would be wise to capitalize on this trend.
Anyways, in Jason Hartman’s latest video, he explains how the rental housing trend isn’t going away any time soon.
Don’t miss out on this episode if you’re serious about improving your socio-economic standing.
P.S. Want to receive the keys to maximizing your return on life?
Make sure to join Empowered Investor Pro, our elite income property investing community.
By joining this elite network, you’ll have access to expert real estate opinions that cannot be found elsewhere.
Specifically, you’ll learn about the secrets to investing in linear markets — the places where reliable cash flows are built.
Most real estate pundits are obsessed with high profile cyclical markets such as New York City, Los Angeles, or Washington DC.
These places are traps for income property investors and usually result in massive losses once you start investing in these areas.
They’re no-go zones for any serious income property investor. It’s best to avoid them as much as possible.
Investing in linear markets and avoiding cyclical markets are pillars of the investing philosophy preached at Empowered Investor Pro.
Want to avoid the same mistakes the average real estate investor is making?
Join Empowered Investor Pro here.
