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Ken McElroy Warns: A Housing Crash Is Still Coming

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First published at 20:41 UTC on June 10th, 2021.

Jason Hartman

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Ken McElroy says a housing crash is still coming but it is currently propped up by the Fed and the government. Ken explains the trouble he sees in the economy and housing market and how to find opportunities in the current environment.
0:00 Introducing Ken McElroy
2:29 Growing divide between rich and poor
6:07 How Bush hurt Ken's business
12:44 People are moving all over the place
17:43 Money is flowing from bad asset classes to good asset classes
22:06 There is a shortage of assets to buy
24:45 Ken expects an increase in inventory in 2021
25:57 Hotels are in big trouble
26:35 Commercial mortgage-backed securities in trouble
38:33 Ken thinks the market is propped up by government
39:54 People and businesses are running out of savings
43:32 People with cheap mortgages will not want to move

Ken's website: https://kenmcelroy.com/jasonhartman/

Learn More: https://www.jasonhartman.com/

Listen to the podcast: https://www.jasonhartman.com/podcast/

Have questions or topics you want me to do a video on? Let us know in the comments below. If you love real estate investing, SUBSCRIBE!

#kenmcelroy #housingcrash #homeprices

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