I just got to New York after two weeks in Australia, and while I’m glad to be back on American soil, I’m still a bit frazzled and jet-lagged from the long flights. So we weren’t able to record a rant today. We’ll be back with those next week.

In its place, I had our video team dial up a behind-the-scenes interview I did at this year’s Irrational Economic Summit about how I see the real estate market shifting as we move into 2020.

Real estate is a sector of the market I warn people about the most even if they choose not to listen. In fact, I wrote a pretty thorough ebook about real estate last year, which you can access here with a subscription.

So many people are stuck in a mindset that the value of real estate will only go up and up, but that’s simply not true. While recent American history shows real estate on a long-term uptrend, world history makes clear that real estate does not work that way.

We’re in the second bubble, and the next crash is coming. It will take longer to bottom out, and it won’t be pretty at any point. I predict things will be worse than 2008.

Watch this week’s video to learn more.

Harry Dent
Harry S. Dent Jr. studied economics in college in the ’70s, but found it vague and inconclusive. He became so disillusioned by the state of his chosen profession that he turned his back on it. Instead, he threw himself into the burgeoning new science of finance where identifying and studying demographic, technological, consumer and many, many other trends empowered him to forecast economic changes. Since then, he’s spoken to executives, financial advisors and investors around the world. He’s appeared on “Good Morning America,” PBS, CNBC and CNN/Fox News. He’s been featured in Barron’s, Investor’s Business Daily, Entrepreneur, Fortune, Success, U.S. News and World Report, Business Week, The Wall Street Journal, American Demographics and Omni. He is a regular guest on Fox Business’s “America’s Nightly Scorecard.” In his latest book, Zero Hour: Turn the Greatest Political and Financial Upheaval in Modern History to Your Advantage, Harry Dent reveals why the greatest social, economic, and political upheaval since the American Revolution is on our doorstep. Discover how its combined effects could cause stocks to crash as much as 80% beginning just weeks from now…crippling your wealth now and for the rest of your life. Harry arms you with the tools you need to financially prepare and survive as the world we know is turned upside down! Today, he uses the research he developed from years of hands-on business experience to offer readers a positive, easy-to-understand view of the economic future by heading up Dent Research, in his flagship newsletter, Boom & Bust.