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every everybody goes in the real estate business is told the first rule the second rule the third rule is never sign your name to anything and so you have non-recourse mortgages and they're going to walk away and the bank's going to get stuck with losses and maybe they'll hold the property a long time and it'll come back and they I mean there's all kinds of ways that if you got Capital strength you may you may decide well I'll just hold it and and but that money is sterile for for quite a while and that's part of banking Warren Buffett known for his Strategic investment choices recently sold all shares in General Motors Activision United Parcel Service mandes international selan corporation and the Proctor and Gamble company she she won't be she won't be selling any Burkshire to buy the index funds all all of my Burkshire every single share will go to philanthropy so the I don't even regard myself as owning Berkshire you know basically it's it's committed and I I so far about 40% has already been distributed this move suggests he's preparing for potential Market turbulence with his history of successful Investments and Burkshire Hathway's impressive growth Buffett's actions often indicate broader market trends so what does this mean for the housing market well it's a bit like reading tea leaves but here's the deal when a heavyweight like Buffett starts cashing out it's often a sign of a shift he's known for his long-term strategy and for making decisions based on solid financial analysis if he's moving to a more conservative stance it could signal he anticipates a downturn or at least a period of uncertainty we've seen interest rates rise throughout 2023 hitting Peaks not seen since 2000 this rate hike has significantly impacted the housing market pushing up the costs of mortgages and and in turn affecting home buying activities despite these Rising rates home prices haven't dipped much mainly because there are not enough houses for sale this limited supply has kept prices stubbornly High however while the cost of buying a home has shot up making renting a more attractive option for many the rental market hasn't been a walk in the park either rents have been increasing too although the rate of increase has started to slow down a bit compared to the early pandemic days yet with housing prices remaining lofty the demand for rental properties is expected to stay strong going into 2024 around the globe different regions are experiencing varied Trends thanks to strong demographic Trends and limited housing availability we've seen some price growth in markets like Australia the US and Canada on the flip side countries like South Korea Sweden Finland New Zealand and Hong Kong are witnessing some of the most significant drops in housing prices between 12.8% and 8.7% over the past 12 months as we look ahead the housing Market's future seems a bit uncertain higher mortgage rates will likely stay put for a while impacting housing affordability some experts predict that the full impact of these higher borrowing costs hasn't completely unfolded yet this is going to be a crisis point that the government is going to have to step in um that something should be done because there are so many commercial real estate loans that are coming due between now and 2025 and that they won't be able to get credit from the banks in the same way to renew or to Once those maturities come due to refinance well let's say they lose 100 billion dollar in the banking system most of the banks can take that loss that their share of that loss and a few of them because they did other things you know the shareholders will end up losing the money but the depositors won't lose money interestingly despite all this Global housing markets are stabilizing somewhat as Peak interest rates approach but the journey to a full recovery seems like it's going to be a long one the pressure on Market liquidity and transactional activity is expected to linger well into 20124 so what do you think about all this it's a lot to take in right the housing market is like a giant puzzle with every piece from interest rates to supply and demand playing a crucial role in shaping the big picture if you've got any thoughts or experiences to share about the housing market drop them in the comments and hey don't forget to like And subscribe for more insights like this we're always keeping an eye on what's happening in the world and love to bring you the latest stay tuned for more updates
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