It’s no secret that the Great Reset is a real possibility. In this blog, I cover the risk to the buy to let market with the great reset and how it could impact you in the future. Property investors need to keep an eye on this as it will definitely impact your property investing strategy.
Is it becoming more difficult to own a home, and will you be able to do so in the future? Your property rights are being eroded right in front of your eyes. You’ve probably heard about the great reset by now, and you’ll own nothing and be content. The same might be said about renting real estate. And we are gradually becoming a generation of renters, with long-term rentals becoming increasingly widespread.
What is Great Reset?Â
The great reset is a global economic forum’s plan and objective that states that “you will own nothing and you will be happy.” Some claim it’s a conspiracy, but since YouTube is a member of the World Economic Forum, a link will be provided below this video.
Political decision-makers and some of the largest corporations in the world attend the international economic conference. Including some of the businesses, like BlackRock and Blackstone, that are acquiring all the real estate.
The real estate market is cyclical. Members of the industry are accustomed to periodic market resets where financing becomes more restrictive, demand declines, and the construction sector experiences job losses. Time, bailouts, and business pivot usher in the next cycle of growth throughout these “resets.” The current cycle began with a reset caused by the subprime mortgage lending crisis and the accompanying Great Recession from 2007 to 2009.
Is the Great Reset risky for property investors?
Under your nose, your property rights are being compromised. You have probably heard about the great reset by this point, and you will be content and own nothing. Renting long-term is getting more and more prevalent, and we are gradually becoming a generation of renters.
You will experience the same effects whether you are on the left or the right. It makes no difference whether you believe that commercial property funds or governments are purchasing too many homes. Middle-class consumers are driven off the market, and the results are the same.
Many landlords may not appreciate this but inflation is actually a property investor’s best friend. This is because generally a buy-to-let investors biggest cost and largest liability is their buy-to-let mortgage. Inflation has the effect of reducing the size of a borrower’s loan over time.
Download NOW
4 Simple Steps To Becoming Wealthy Through Property