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109: “It’s Coming THIS Year” Fundrise’s Ben Miller on The 2023 Financial Crash

109: “It’s Coming THIS Year” Fundrise’s Ben Miller on The 2023 Financial Crash

FromOn The Market


109: “It’s Coming THIS Year” Fundrise’s Ben Miller on The 2023 Financial Crash

FromOn The Market

ratings:
Length:
47 minutes
Released:
Jun 2, 2023
Format:
Podcast episode

Description

There have been a lot of market crash predictions over the past few years. Since the 2020 flash crash and subsequent asset price skyrocketing, investors have always had an inkling that this wouldn’t last. Once inflation hit decade-long highs, the Fed stepped in to quell constant price pumping, but that came with even higher mortgage rates. Now, commercial real estate investors and everyone else with short-term financing are stuck in a bind. Once these loans come due, they’ll either have to pay them off, refinance, or face foreclosure. So, what happens next?
While Dave Meyer and James Dainard are housing market experts, neither know macroeconomic data as well as Fundrise’s Ben Miller, whose job is to predict market patterns and make the best investing decisions. Last time we talked to Ben, he hit on the “Great Deleveraging,” which would force a massive commercial real estate crash, but today he’s talking about bank failures, a financial collapse timeline, and what he’s buying as soon as the market drops.
The wealthiest in America know that market crashes and financial collapses aren’t a time to worry; they’re a time to make millions! Ben shares the markets with the most opportunity, how to pick up properties for dimes on the dollar, and why hoarding cash during a time like this isn’t such a bad idea. So don’t fear market downturns like this; take advantage of them!
In This Episode We Cover
The “Great Deleveraging” explained and why commercial real estate prices will fall fast 
Bank collapses and what happens when liquidity starts to run dry 
Quantitative easing and whether the Fed will continue to inject the market with money
Assets to keep an eye on during the crash and what Ben is buying
Loans, lending, and what investors can do when banks won’t fund their deals  
Market crash predictions and when Ben expects the situation to escalate 
And So Much More!
Links from the Show
Find an Agent
Find a Lender
BiggerPockets Forums
BiggerPockets Agent
BiggerPockets Bootcamps
Join BiggerPockets for FREE
On The Market
Join the Future of Real Estate Investing with Fundrise
Connect with Other Investors in the “On The Market” Forums
Subscribe to The “On The Market” YouTube Channel
Dave's BiggerPockets Profile
Dave's Instagram
James' BiggerPockets Profile
James' Instagram
Post-Pandemic Boom Markets to Cool Off “Sharply”
What High Mortgage Rates Did to The Housing Market
Things are getting really weird in the housing market
Deleveraging: The Dominoes are About to Fall
Commercial Real Estate Could Crash, But Are Everyday Investors Impacted?
The “Catalyst” That Could Cause The Economy to Fall
Listen to “Onward, a Fundrise Production”
Connect with Ben:
Ben’s Twitter
Ben’s LinkedIn
Ben’s Email
Ben’s BiggerPockets Profile

Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-109
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.
Released:
Jun 2, 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.