Biggest Ever Real Estate Crash Is Coming, New Reports Say

It’s been just revealed that there is a really important real estate crash on its way, according to the latest reports. Check out the latest news below.

Rich Dad Poor Dad author Robert Kiyosaki predicted just recently the fact that the real estate sector will crash and cause a severe global financial crisis.

The former best-selling author says that 2023 will see a worse economic downturn than the global financial crisis (GFC) of 2008, caused by an imploding commercial real estate market.

As the online publication the Daily Hodl notes, Kiyosaki cites San Francisco as an example of the real estate problem, where office buildings have plummeted in value after workers emptied out of them during the pandemic and have not returned. Kiyosaki advises people that the best store of value to protect their wealth during a downturn is gold, silver and Bitcoin (BTC).

“Greatest Real Estate crash ever. 2008 was the GFC. 2023 will make 2008 GFC look like nothing. In 2019 Office Towers in San Francisco were hot. In 2023 same buildings have lost 70% of value. What will… cities do with office buildings? Homes for the homeless. Get [gold, silver, Bitcoin].”

It’s also important to mention the fact that the analyst said that the top precious metals and Bitcoin will put up huge gains by 2025.

“The impetus for the surge, he said, is an economic collapse that forces the Federal Reserve to print billions to prop up markets, expanding the nation’s debt and eroding the value of the dollar,” according to the online publication.

It has been just revealed that there is a popular crypto analyst who is breaking down Bitcoin (BTC), Ethereum (ETH), and the rest of the crypto markets after a busy week.

The crypto markets have been tumultuous this week, and this has been mainly happening in response to the U.S. Securities and Exchange Commission’s (SEC) two lawsuits against Coinbase and Binance.

In response to the volatility, widely followed crypto analyst Michaël van de Poppe said recently that BTC needs to remain above $26,100 to avoid further drop-off.