The upcoming 2023 real estate collapse explained. Oh my gosh, I know you've
heard that the market is crashing, the sky is falling, people are going to be wiped out,
somebody's rich dad told you that you're going to lose everything. Well, some of that is true.
And a lot of it is a little bit of BS. I'm gonna share with you exactly what's going on, exactly
what you can do and tell you how you can actually make money through this collapse. Let's go.
I'm going to clearly explain to you this real estate crash in a way that no one else
can explain, I'm going to share with you the three biggest steps that you need to
take so that you can actually make money when this happens. And I'm going to share with you
the big secret that my billionaire friend told me that will change your life. So what is this
about a real estate collapse? What does that even mean? Well, in most cases, what people
are talking about is just a recession. Many of you guys know what a recession is. But a quick
definition of a recession is a downturn in the economy. It's usually defined by two consecutive
quarters where the gross domestic product or the GDP of our economy declines. For example,
if we were putting out a gross domestic product of $4 billion, and for two consecutive quarters,
being three months, six months in a row, we have a decline, we are officially in a recession.
Recessions are marked by high unemployment, lower interest rates, low demand, and a lot
of consumer spending is really decreased. That is why the gross domestic product of the country is
down because people are not buying as much and the demand for products and services are down
so people are making less money, which means less people are hiring. So a lot of these companies are
either going out of business or they are lowering pay, or they are not hiring people. The economy,
statistically speaking, should be growing because populations grow in countries and
the Gross Domestic Product of a country should be growing over time. So when we have a recession,
that means that we are having a decline, and that something is usually going on. The last
big recession or the marker of a recession was the COVID pandemic. Now, we've pretty much recovered
from some of that but now we saw that there was a big demand for things like real estate, products
and services and things like that. And with the inflation and people having more money, it's created
a big problem. So what people are talking about that is going to be happening in 2023 is like
a real estate market crash because in 2021, we saw that property prices and what you were paying
for a home was going way up, and people just could not keep up. I'll explain that a little
bit later. But the real estate market is going to be collapsing in a certain way. But I'm going to
tell you exactly how it's going to be different so that you know exactly what to do, and how
you can make a profit from it all. So the first thing that you need to understand is inflation.
Inflation is when the price of things go up. Basically, when you go to the grocery store,
and you see that the prices are higher than they were before, that you're paying more for groceries,
that you're paying more for rent, that your insurance or your utility bills are going up
even what you're paying at the gas pump, those are actually normal things in the economy,
and inflation should be rising by about 2% per year. That is the average and this is completely
normal. And as someone with a master's degree in economic development from Penn State, I can assure
you inflation is not a bad thing. The problem with inflation and what we're seeing though right now
is that is going way above the normal 2%. And over the past year, we saw that it was around 7%. The
problem with that is that people's incomes usually only rise about two to 3% per year, usually
matching what inflation does. So if inflation is 2% and your income is rising at 3%, then that's
fine. That's exactly what should be going on in the economy. But if inflation is going up by 7%,
and incomes are stagnant or only going up by two or 3%, then we have a problem where people's
incomes cannot keep up with inflation. That's a problem that we're going to have to contend with.
And I'm going to tell you how to deal with that in just a second. But I need you to understand
what it means so that I can get to this next point and we put it all together for you. The next thing
that you need to understand is the Feds increasing interest rate. So many people don't understand
even what this means. They're like what does it mean when the Feds increases interest rates? Well,
the Federal Reserve lends money to banks at an interest rate. Well, the Federal Reserve and what
they charge the banks increase. So essentially what the banks will charge you increases, meaning
mortgage rates for homes go up, auto loan interest rates go up, personal loan interest rates go up and
it decreases your buying power. So if you are approved, for example for a mortgage and they
approve you for are $250,000 with a 4% mortgage, well, that means you can afford about $2,000 per
month. But if the interest rate, for example is like it is now and is 6.25%, now you can't afford
as much home because the mortgage is a lot higher on a 4% mortgage than it is on a 6.5% mortgage.
So understand that the Feds increasing the interest rate does affect you, the consumer,
it doesn't directly affect you, because you can't borrow from the Federal Reserve. But
when you borrow from banks, you are paying even more. This increases your interest rate, and it
decreases your buying power. So this is actually a problem because it affects how much money you can
make off of the things that you purchase, and you are paying more in your monthly payments,
and less of your payment is going towards the principal and more of it is going towards the
interest rate. This is never fun. Let me tell you what you can do about some of this. Whoa,
I know I said a lot here, especially about the inflation, and even shrink inflation,
where you go to the grocery store, and you're getting less in the package for the same price.
Comment below with some of the things that you're seeing in the economy, I want to have a
real conversation with you. Like I said, I have a master's degree in economic development. So I love
talking about this stuff. Comment below and let's have a conversation. Now combine inflation with the
Federal Reserve raising interest rates and add into it that people's incomes are stagnant or not
increasing and the majority of people that don't have a college degree are finding that they cannot
afford rent, housing, or even auto loans, this becomes a real problem in the economy. And that's
when we really end up in a big recession. Well, let's talk about what you can do to avoid all
of this. One of the things that I learned when I lost everything is I was a victim of a recession.
In 2008, I ended up back in my parents basement, I was living there because I had got foreclosed
on, because I lost my job and I was flipping houses and I had no idea what to do. Well,
when I was in my parents basement, I decided to educate myself and start learning about real
estate. I learned how I could wholesale properties right from my parents basement without using cash,
credit, or even using a bank, I was able to make $17,000 on my first deal. And that first year,
I made over $60,000 flipping contracts or wholesaling whatever you want to call it. And this
is something that you can do today. You don't have to do real estate. But what I strongly suggest,
in order to curb some of this collapse that's coming is you got to start now. You have to start
turning that side hustle into a real business. You can do it trust me, if I was in my parents
basement with bad credit, no job and no money and I did it, you definitely can do it too. Many of
you I know watching have a talent where you can do hair or you drive Uber or you have some
talent with video or editing or something like that. You can get a business license and turn
that side hustle into a real business so that when this economic collapse comes, you will have money.
Literally what happens when these recessions happen is they start lending money to businesses,
not individuals, they lend to individuals because America is basically a corporation that loves
helping businesses grow. They have money for businesses, they have grants for businesses,
and especially if you're a woman or a minority, you can get even more money for your business.
Just start opening your business, get going, get a merchant processing account and start
your side hustle and turn it into a business. I have an entire playlist where I teach you how to
get business funding for a side hustle and turn it into a business. Watch that entire video and
do exactly what I say. You do not have to be a victim of a financial crash and you do not
have to end up in your parents basement like I did. You're watching this video so I know that
you're a smart person. So turn that side hustle into a real business and get started. You can do
it. I have created this book where I teach you exactly how I turned my side hustle into a real
business and became a multimillionaire in real estate and you can get this book, Real Estate
Millionaire Secrets absolutely free. Just go to noellesfreebook.com Not only does this book
teach you all of what I did, it even gives you charts, templates and scripts so that you can do
the exact same thing that I did to become a real estate millionaire. I just want to make sure that
you have all of the resources, all of the tools and all of the knowledge that you need to be
successful. This is Noelle, to your success.