How Quickly Real Estate Markets Can Cool Off

People often believe that real estate is a stable investment and forget just how quickly real estate markets can cool off. Paul shares a story from early in his career when it was unpopular to buy real estate properties, like condos. Paul cautions investors about the risks of purchasing an illiquid asset when tax laws, buying patterns, and interest rates can change at any time. Later in the show, Paul revisits a study on disclosing conflicts of interests and why it’s so easy to get caught up in a company who is selling you products and is not concerned about your financial future.

 

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