Several noted real estate experts warn that the real estate crash is knocking at our door.
Nobel Laureate, Professor of Economics at Yale University and Case-Shiller Index co-founder, Robert Shiller, recently sounded the alarm bells on CNBC when he declared, “Things are getting too bubbly” and that he “doesn’t think of housing as a very good investment.”
Unfortunately, Shiller’s warning is tame compared to his peers.
Real estate analyst Mark Hanson says, “Real Estate Bubble 2.0 is not just a monster, greater in intensity and energy than Bubble 1.0, but… I am in full-blown, black-swan lookout mode over here.
Bubble 2.0 could end up being a lot more volatile than form 2008-10…”
But there is no one distinct warning that should send chills down your spine … that of James Dale Davidson.
A renowned economist, best-selling author, and founder of Strategic Investment, Davidson makes the strongest case for the next housing crisis – “Right now, there are three key indicators screaming HOUSING CRASH AHEAD. They don’t simply reveal that a 40% collapse is coming, but that it’s already begun.”
Davidson’s warning is the most alarming of all his peers.
He doesn’t just make the strongest case for a real estate crash, he makes the case for a complete economic collapse (he uses over 20 questionable charts to prove his point).
Davidson has a remarkable track record of calling every major economic shift over the last three decades. For example, Davidson predicted the collapse of 1999 and 2007, along with the fall of the Soviet Union and Japan’s economic downfall, to name just a few.
His predictions are so accurate, he’s been invited to shake hands and counsel the likes of former presidents Ronald Reagan and Bill Clinton – and he’s had the good fortune to befriend and convene with George Bush Sr., Steve Forbes, Donald Trump, Margaret Thatcher, Sir Roger Douglas and even Boris Yeltsin.
Hence, if Davidson calls for a 40% housing correction, one should pay heed.
Davidson goes on to say, “I know that everywhere you turn things look pretty good. Housing prices are up, mortgage rates are still low and the dollar is strong. But remember, that exact same scenario played out in 2007. Real estate, and the entire economy are about to unravel fast. Very fast.”
However, it’s not just a 40% real estate crash that Davidson is warning about. He also predicts that “the stock market will plummet by 50%, savings accounts will lose 30%, and unemployment will triple.” (See Davidson’s research behind these predictions, click here.)
“I am not a man who likes to preach doom.” Davidson reminded me.
Indeed, during his career, he’s made investment recommendations that have spun off a good deal of money … like the $10 million windfall he banked in a natural-resource company, and the time he told people to scoop up Philip Morris for gains of 405%
And although our future may seem bleak, as Davidson says, “There is no need to fall victim to the future. If you are on the right side of what’s ahead, you could seize opportunities that come along once. maybe twice, in a lifetime.
In a new video presentation, Davidson not only explains exactly why the economy is on the cusp of collapsing, but he also reveals what he and his family are doing to prepare right now (it’s unconventional and even controversial, but proven to work).
One anonymous viewer wrote. “Davidson uses clear evidence that spells out the looming collapse, and he does it in a simple language that anyone can understand.”
Indeed, Davidson uses a sandcastle, a $5 bill, and straightforward analogies to proves his points.
Click the play button to watch it, or just go here.