"Commercial Real Estate Investors and Banks Brace for Perfect Property Storm"

1 min read
Source: Yahoo Finance
TL;DR

Investment expert David Tawil warns of a potential decade-long slump in the US housing market due to high interest rates, which could "crush" real estate. Tawil predicts a fallout starting with commercial property and later affecting the residential sector. He suggests investors look to technology and cryptocurrencies, particularly Bitcoin, as alternative investment options. Tawil's team is bullish on Bitcoin, with a year-end target of $50,000, citing the flow of institutional capital into the sector.

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