Warren Buffett: “A Storm is Brewing” in the Real Estate Market
<p>Billionaire investor Warren Buffett has issued a stark warning about an imminent crisis in the U.S. real estate market. He predicts a major storm resulting from a $1.4 trillion debt-fueled crisis already impacting the market, with more severe effects anticipated in the coming months. The last 15 years have seen the U.S. real estate market heavily driven by cheap debt, with interest rates largely remaining at zero percent. This led to inflated real estate values.</p>
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