This downturn is unlike those in the past because it was not caused by economic issues, says Shopoff.
By Kelsi Maree Borland | April 20, 2020
While many investors are trying to make reasonable and informed forecasts about the depths of what is likely an oncoming recession, it is difficult to nail down. That is because, in many ways, this recession is not like those that have come before, according to Bill Shopoff of Shopoff Realty Investments. The economic disruption is related to a public health crisis, and can’t be rectified until the public health crisis is. That is an added challenge to real estate investors. In the short-term, he predicts decreased rents and pricing, but is still hopeful for a swift recovery.
This is neither an offer to sell nor a solicitation of an offer to buy any security. An investment in a Shopoff limited partnership involves a high degree of risk, including the possible loss of your investment, and is illiquid with an uncertain liquidity date. Past performance is not indicative of future results. Securities offered through Shopoff Securities, Inc., member FINRA/SIPC.
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