It does feel like deja vu all over\u00a0again?<\/p>\n
Regarding the housing market on where it\u2019s at right now, things don\u2019t look\u00a0good.<\/p>\n
It\u2019s very similar to what happened between 2007\u20132008 when the last housing bubble\u00a0bursted.<\/p>\n
That resulted in the Great Recession in 2008\u20132009, the most severe economic downturn since the Great Depression in the 20th\u00a0century.<\/p>\n
However, this time, it\u2019s ending up being a similar situation- Only this time, it may be\u00a0worse.<\/p>\n
Whatever the result it is, it\u2019ll be ugly and something that most people are not ready\u00a0for.<\/p>\n
So, is a 2008 housing crash\u00a0coming?<\/em><\/strong><\/p>\n There\u2019s no doubt that something big is coming, as housing is coming to the end of an 18-year\u00a0cycle.<\/p>\n Can it result in another global economic meltdown?<\/p>\n Who knows- Time will tell for\u00a0sure.<\/p>\n But there\u2019s no doubt that a housing market crash is coming- As housing is near the end of it\u2019s\u00a0cycle.<\/p>\n That cycle lasts for about 18 years, and next year will mark 18 years since the last Great Recession took\u00a0place.<\/p>\n So, what will happen\u00a0next?<\/p>\n That\u2019s what I discuss in my latest article through my website. There\u2019s a lot to go\u00a0over.<\/p>\n If you want to read that article<\/a>, feel free to to give it a read and gain more insights.<\/p>\n Until then,<\/p>\n -Eric<\/p>\n Is It 2007 All Over Again?<\/a> was originally published in Coinmonks<\/a> on Medium, where people are continuing the conversation by highlighting and responding to this story.<\/p>","protected":false},"excerpt":{"rendered":" It does feel like deja vu all over\u00a0again? Regarding the housing market on where it\u2019s at right now, things don\u2019t look\u00a0good. It\u2019s very similar to what happened between 2007\u20132008 when the last housing bubble\u00a0bursted. That resulted in the Great Recession in 2008\u20132009, the most severe economic downturn since the Great Depression in the 20th\u00a0century. However, […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-95399","post","type-post","status-publish","format-standard","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/95399"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=95399"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/95399\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=95399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=95399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=95399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}