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Jeffrey Deuitch
Real Estate Mindset
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Comments by "Jeffrey Deuitch" (@jeffreydeuitch2146) on "Home Prices Plummeting is SHOCKING The Housing Market" video.
Metrics can and do affect sales. However, sentiment is the most powerful market influence. Do not think it's really there yet. I remember around 2005 when every property had a halo and looked to the public like a pot of gold. Fast forward to 2010, and every property was viewed as a bloody dagger. Fast forward to 2021 and H1 2022 and it was back to pot of gold with 2005 sentiment again. What's next? No crystal ball, but other than new higher rental rates, looks pretty similar. Forget metrics, human nature and emotion is the over riding influence. Not necessarily rational.
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