Iran Impact - Freezing Housing and Fading the Masses
Level 4- Turbo Autist
Welcome Avatar! Hope you’ve enjoyed the month of March so far. While we know that people only care about 100x gains and other such hopium, avoiding the bear rallies is also important. Despite rallying to $74K or so, we’re already back in the mid-60s. We’ll do a quick update there, go over the most likely outcomes in Iran (related to markets) and how this all ends up impacting the housing market.
In general, people only make big purchases when 1) they are forced to through life events or 2) when they feel confident in their own futures. As you can imagine, the second portion is unlikely for anyone in a standard W-2/White Collar position.
Also as you’ll read later in this post, we’re working on an all encompassing RE post as well (that you can do yourself in the future if you wish - during boring times like this)!

