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Link to the full clip on the Sachs Realty channel: https://youtu.be/WUHuxY5NPx4?feature=shared In this eye-opening video, Mike Maloney dives into the precarious state of the housing market, shedding light on why affordability has hit an all-time low. Backed by compelling charts, Maloney predicts a necessary correction, potentially resulting in a staggering 50% drop in home prices across the United States. As he draws parallels to historical economic crises, including insights into the 2008 financial downturn, the discussion takes a deep dive into the current “everything bubble” and its potential impact on the global economy. Gain valuable insights into economic indicators and market trends, and join the conversation on what might be an impending recession more severe than the Great Depression. Don’t miss this crucial analysis to navigate the uncertainties of the real estate landscape.
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