Signs the “Housing Market” Economy is Crashing- and How to Protect Yourself

Canadian Real Estate Sales Crashed in 2018

For the longest time in the developed world, housing has been considered an investment and an asset, not a liability, or even just a home, where ya know, people live. It is only in a massive bubble of speculation like the early 2000s where anyone can think that buying and “flipping” houses is a type of sustainable harbinger of economic growth.

In reality, it is more speculation that is profitable to people who got into the market first, and must sell out and cash out before the “greater fool” smartens up, i.e. those flippers coming in late to the game, so that they are not stuck with massive inventory to liquidate when the banks stop giving out easy loans to unqualified home buyers once the monthly mortgage bills start becoming beverage napkins on the coffee tables of the economically distressed.

Indeed, this is the nightmare many real estate and house flippers woke up to in 2007. And it’s happening again. The problem with viewing housing as an asset or even an investment, is that it forgets the fact that wage growth has been on the decline since 1971 ever since President Richard Nixon took the dollar off the gold standard. I’m sure it’s just a pure coincidence though (sarcasm).

Right now Vancouver home sales have dropped 42.5% total on the year, because there are simply not enough buyers who can afford the inflated prices that pervade the current housing market. In addition to this, the most expensive houses have had major price cuts, foreign buyers have dwindled, and the overall sales volume of home sales has also dried up.

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It’s Not Just Canada that is Seeing a Housing Crash

London, England in the UK and Seattle, Washington in the United States have also seen massive price drops in housing, along with other international prestige cities like Sydney, Perth, and Brisbane in Australia. The simple fact is the newer generations don’t make enough money to match the current inventory of housing and to keep the prices on an upward trajectory.

In fact, a shockingly large number of millennials still live at home with their parents. There are simply not enough high-paying jobs available to sustain the current housing bubble. Many people have seen rises in their basic costs of living from rent to food, to buying basic goods and even higher ticket items, as retail stores close in records numbers and malls go empty.

How to Protect Yourself from the Housing Crash

Harry Dent, economics analyst and demographic trends forecaster, is recommending that people sell all existing housing and get out of the market while they still can. Dent says the demographics simply aren’t there any more, as older generations age and go past the pinnacle of their peak-earning years, now readying for retirement, as is in the case with Japan, where the government is now literally giving abandoned houses in the countryside away for free or next to nothing.

With the younger generations lacking the purchasing power to step in and fill the void, existing houses will remain unsold, the building boom for housing will also slow leading to large Dow Jones companies like Caterpillar and big banks seeing losses on their balance sheets as well, and no real need for new houses, the current price of housing still has a long way to go further downward.

Consider selling off any extra homes you may have. Invest in a Gold IRA rollover and protect a significant percentage of your investing and retiring power with a time-tested asset that historically rises during times of worldwide economic instability, recession, or even depression.

If Only My College Professors Would Have Not Been Stuck Holding the Bag in 2008

How to Survive the Coming Bitcoin and Crypto Currency Reset with a Gold IRA

best gold ira account companyHow to Survive the Coming Bitcoin and Crypto Currency Reset

Bitcoin is the cash of the Internet: a conveyed, around the world, decentralized advanced cash. Different from the conventional monetary forms, for example, dollars, bitcoins are issued and overseen with no focal specialist at all: there is no administration, organization, or bank responsible for Bitcoins. Due to this consideration, Bitcoin is usually not influenced by price increases and corrupt banks.

Bitcoin gives you a chance to do online business without uncovering your identity, a marvel that drove its utilization as an online commercial center for illegal businesses. Yet, in the meantime, it’s a framework that works totally in the general public. Bitcoin makes gold’s advantages a step further, however, by being advanced.

The Bitcoin supply is not just unequipped for being discretionarily controlled, it likewise disposes of the requirement for paper substitutes by being absolutely weightless and for all intents and purposes costless to store. With gold being so substantial and taking up so much physical space, individuals under a highest quality level have a tendency to incline toward paper substitutes for gold instead of conveying real coins on their people.

Some smart investors are putting a portion of their BitCoin winnings into a Gold IRA account to lock in their gains, before a reset or correction in crypt currencies.

For a one percent expense, Coinbase connects to your financial balance and after that goes about as an intermediary for you, purchasing and offering bitcoins on a trade. Coinbase likewise offers a simple to-utilize wallet. You can likewise make significantly bigger bitcoin buys on enormous trades like Bitstamp, yet to exchange on these trades, you have to first send them money using global wire exchanges.

Ironically, the most ideal approach to keep bitcoin buys is to get together with somebody in this present reality and make an exchange.

You can keep your buys mysterious – or possibly generally unknown. On the off chance that you utilize an administration like Coinbase, you will need to give a ledger and distinguishing proof. Yet, different administrations, for example, Local Bitcoins, will let you purchase bitcoins without giving individual data. The most ideal approach to do this is to get together with somebody here in this present reality and make the exchange individual.

Recently though, BitCoin and crypto currencies experienced a crash, losing some value

Local Bitcoins will encourage such meetings, where one individual gives money and the other at that point sends bitcoins over the net. Or, on the other hand you can go to a consistent Bitcoin meet up in your part the world. Since MasterCard and bank exchanges are reversible and Bitcoin exchanges are not, you should be extremely watchful in case you’re regularly pitching bitcoins to a person. That is one motivation behind why numerous merchants jump at the chance to exchange bitcoins for money.

Mining can also be entirely dangerous. Organizations that assemble these custom machines commonly charge you for the equipment forthright, and consistently you sit tight for conveyance is a day when it ends up plainly harder mining bitcoins. That diminishes the measure of cash you can procure.