Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

84: The 2023 Recession Countdown: Is Now the BEST Time to Invest?

84: The 2023 Recession Countdown: Is Now the BEST Time to Invest?

FromOn The Market


84: The 2023 Recession Countdown: Is Now the BEST Time to Invest?

FromOn The Market

ratings:
Length:
56 minutes
Released:
Mar 6, 2023
Format:
Podcast episode

Description

The 2023 recession is off to a strange start. Homebuyer activity has rallied, consumer spending is up, and unemployment is low. Is a recession really on the way, and if so, has anyone told the Fed what's happening in today’s economy? With a good chunk of economists still betting on a recession in 2023, who’s right and who’s wrong? And if there isn’t a recession incoming, can real estate investors take advantage of this artificial instability to get even better deals done?
We’re back with our panel of experts, Henry Washington, Jamil Damji, and Kathy Fettke, to get their take on whether or not this period of economic uncertainty is over. Back in 2022, with mortgage rates picking up, inflation hitting decade-long highs, and the housing market starting to stutter, most Americans were right to believe that we were on the cusp of a recession. And real estate investors were doing deals left and right, trying to get as many homes under contract for the lowest price.
And only a few months later, things have started to change, but investors are still getting incredible deals done, and if you tune into this episode, you can too! We talk about how this “white-collar recession” is causing more profit than panic for investors and why many Americans don’t “feel” we’re in an economic downturn. Our expert guests even give their best predictions on what could happen this year and into the next. So if you want to take home some SERIOUS profits like our guests did in the last crash, listen up! 
In This Episode We Cover
A 2022 economic recap and why Americans didn’t react as they did during the last recession
Testing today’s recession sentiment using the “underwear” theory 
Whether or not we’re in a recession and why real estate is always “first in, first out”
The 2023 economy, housing market predictions, and why recession indicators don’t always work 
How to invest in 2023 and what our expert guests are doing to build wealth while markets are down
Passive investing and why Dave’s private money lending bet could pay off as mortgage rates rise 
And So Much More!

Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-84
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!
Released:
Mar 6, 2023
Format:
Podcast episode

Titles in the series (100)

The modern real estate investor doesn’t have time to research every headline and trend. That’s why BiggerPockets' Dave Meyer and his expert panel do it for you. Learn how to invest smarter in today’s economic environment.