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The real estate market is going through a massive correction right now, and the pain real estate investors and homeowners feel is about to get much worse. That’s according to JP Morgan’s new report on the state of shadow vacancy in the real estate market. We dive into how they uncovered this shadow vacancy and what it means for the broader real estate and housing market.
We also have the founder of Carroll Organization, Patrick Carroll’s interview explaining his thoughts on how this real estate crash will be worse than 2008. He explains how it will not only affect commercial real estate but also impact the US housing market, and cause home owners to foreclose on their houses.