What are Signs the Market will Crash? Understanding the Real Estate Cycle
Ken McElroy Show
Ken McElroy
4.8 • 692 Ratings
🗓️ 20 November 2023
⏱️ 57 minutes
🧾️ Download transcript
Summary
Join our livestream! Ken and Danille delve deep into the complexities of the real estate market to uncover the telltale signs of a potential market crash. They will discuss and break down the various stages of the real estate cycle, helping you understand how market trends evolve and what factors contribute to a downturn. Join Ken and Danille as they discuss and take your questions!
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Visit Ken's Bookstore: https://kenmcelroy.com/books
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ABOUT KEN: Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, and The ABC’s of Property Management. With over two decades of experience in real estate investing, Ken McElroy is passionate about sharing the good life by helping real estate investors grow and prosper. This podcast is a place for Ken to discuss numerous topics connected to real estate investing, including finance, budgeting, the entrepreneur mindset, and creating passive income. Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive.
Ken's company: https://mccompanies.com
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DISCLAIMERS: Any information or advice available on this podcast is intended for educational and general guidance only. Ken McElroy and KenMcElroy.com, LLC shall not be liable for any direct, incidental, consequential, indirect, or punitive damages arising out of access to or use of any of the content available on this podcast. Consult a financial advisor or other wealth management professional before you make investments of any kind.
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Transcript
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| 0:00.0 | Welcome to the Real Estate Strategies podcast, where we host in-depth conversations on everything real estate with the industry's biggest movers and shakers. |
| 0:11.3 | I'm your host, Ken McElroy, joined by my co-host, Daniel. |
| 0:15.2 | Let's get right into this episode. |
| 0:17.6 | Welcome to the Ken McRoye show. |
| 0:19.5 | I'm your host, Daniel, here with Ken. What's up, guys? |
| 0:22.4 | We just got back from Vegas. F1, F1. It was good. The people are day one, oh my gosh, a nine-minute |
| 0:30.4 | race. Remember what they had? The practice round. Yeah, the practice round. Yeah, so the practice |
| 0:35.7 | round was they got everyone into the grandstands and it was nine minutes long. |
| 0:40.9 | It ruined a car. |
| 0:42.1 | And because, yeah, they didn't seal the manholes. |
| 0:44.5 | And so then this didn't happen to us, but they evacuated the grandstands, postpone the race to 1 a.m. |
| 0:51.0 | So basically from like 9 to 1 people were waiting. |
| 0:54.0 | Then they wouldn't let them back in the grandstands. And then the race was at a.m. So basically from like 9 to 1, people were waiting. Then they wouldn't let |
| 0:55.0 | them back in the grandstands. And then the race was at 2. I'm pretty upset. So that was not, |
| 0:59.6 | 2 a.m. by the way. Yeah, 2 a. That was fun. I'm tired. Yeah, it was fun. We had a great time. |
| 1:06.7 | You know, Ferrari got second, Red Bull got first. You have first and third. |
| 1:11.6 | First and third, you're right. |
| 1:12.4 | Yeah. |
| 1:12.7 | So it was really fun. |
| 1:14.0 | So what else have we done? |
| 1:14.8 | My family's in town for Thanksgiving. |
| 1:17.1 | Oh, happy Thanksgiving, everybody. |
... |
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