2 Comments

Can you elaborate more on what we all can do to prepare better?

I f.e. atm in the process of buying a house (not in USA). And seems by all sources buying a house before recesión is a bad move. Tho thing like family security is pretty hard to calculate.

Expand full comment

I'll be sharing more in coming posts, thanks much for reading the content!

On retail housing... in China, real estate stocks are lower than when the housing bubble popped in 2008. In the US, home price to household income is at record high levels. Around the world, is somewhere in between those two: namely, nearing the end of a cycle rather than the beginning of a new one.

Expand full comment