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🗓️ 19 January 2025
⏱️ 14 minutes
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0:00.0 | What do you see happening in 2025 for the economy and specifically, too, for the real estate market, |
0:05.3 | since a lot of people who watch are real estate investors? |
0:07.8 | Yeah. |
0:08.3 | Well, I love real estate, too. |
0:09.7 | As you know, I buy a lot of it. |
0:11.5 | Yep. |
0:11.7 | I don't think it's going to be a great time to buy real estate because I think it's going to take off. |
0:16.5 | It's going to be a booming market. |
0:18.3 | I'm afraid in a good way. But, you know, we've been in the doldrums in this kind of foggy sitting still. |
0:27.5 | Everybody's sitting around watching, waiting on something to move, waiting on something to happen for a while. |
0:33.0 | And what that does is it creates some pent-up demand. |
0:36.6 | There is a, you know, a large number of people that are sitting on the sidelines waiting |
0:40.6 | on something to change. |
0:42.4 | And the last 18 months or so, maybe 24 months even, in general, the economy has just |
0:48.3 | been sluggish. |
0:49.1 | It's just been slow, kind of boring and not exciting, no zip to it. |
0:54.4 | And the beauty of the change in the administration is not necessarily the administration, |
0:59.7 | and it's not that they can actually do anything. |
1:02.5 | It's that they're going to be up there throwing stuff around in D.C., obviously. |
1:07.0 | They're going to make a mess. |
1:08.2 | It looks like it's going to be fun. |
1:10.3 | And so instead of everything just sitting, there's all of a sudden going to be all this action. |
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