We know quite a few people who are waiting for the next real estate “crash.” We’re pretty much at our max with real estate investments, but there are still lots of individuals who are in prime financial positions and poised to take advantage of another event like this–not the ones who need it most.
IMO, sadly, the ones who would benefit most from a crash or downturn may be the ones who are hurt most by the “side effects” (job losses, etc.) of another downturn–as they have been in the past.
Hoping for a “normalized” market without catastrophic events from which to create it, might produce a better standard of living for more people, but, since we’ve never trod these particular economic waters before, it’s hard to say exactly how it would/will all play out.
