The real estate market in 2019 faces immense uncertainty. The asset class is one of the most important to ordinary savers and investors, whether it is in the form of private homes, REIT holdings, or private investments.
When property market faces turbulence, it tends to cause ripple effects throughout the economy. Of course, the current state of the real estate market is far different from how it was in 2008, when a housing bubble contributed to the instigation and exacerbation of the financial crisis and subsequent Great Recession. This time around, there do not seem