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Join Ken McElroy as he response to YouTuber MeetKevin regarding his views on a 2021 housing crash. Ken walks through the reasons he sees challenging times ahead and what you should watch for in the next 12 months. You can learn more about Kevin at his channel: https://www.youtube.com/meetkevin
⏰ Timestamps ⏰:
1:14 Mortgage delinquencies
6:42 We have a housing crisis
8:35 Why are housing prices so high
13:22 Five things to watch in the next year
13:29 Prices will decrease as inventory increases
13:49 Evictions are real
15:06 Watch mortgage defaults
16:29 Study migration patterns
17:47 Pay attention to business closures
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Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and has an upcoming book: "ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years." Ken is a Rich Dad Advisor.
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