PayPal co-founder and billionaire investor Peter Thiel says US real estate is heading for a catastrophe
PayPal co-founder Peter Thiel.
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Thiel is renowned for his bang-on predictions and investments in tech-based stocks, but he has recently shifted his focus about cautionary measures around the real-estate stocks, which he reportedly believes would be witnessing a catastrophe in the days ahead.
Is the real estate crisis in the US responsible for the dark days ahead in related stocks?
Real-estate stocks have been relatively doing well since the end of 2024, backed by the stock market bull run, but there is no saying as to which way things will go around related stocks, as Thiel is of the opinion that they could be the reason for the weakening of the S&P 500 and the Nasdaq Composite which are bullish on real-estate stocks.
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Thiel correlated the insights of 19th-century economist Henry George to underscore the gravity of America’s real estate crisis as of now, and if things stayed the same throughout 2025, the stock market would see an effect in the form of real-estate stocks crashing in a few months time, as per reports.
FAQs:
Is the US undergoing a real-estate crisis?
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