In short I theorize that the real estate sector is overbought, I think those people who got in at the covid lows created a huge trend that is now parabolic, at an extreme, euphoric, whatever you want to call it. The trend hasn't changed, yet, on any of my timeframes, but I think this is mature and it has my attention for the short side.
Maybe the first couple months of the new year bring a wave of selling from people who were waiting on the capital gains for the new year so they won't pay taxes until next year?
I am currently advising a friend who owns about a half a million in real estate on strategies to lock in the equity gains on his properties by using the financial markets with a net short position as a hedge. He's very interested in taking his real estate game to the next level in regards to markets and I know hedging is going to help him increase his efficiency and growth rate, very exciting stuff.
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Maybe the first couple months of the new year bring a wave of selling from people who were waiting on the capital gains for the new year so they won't pay taxes until next year?
I am currently advising a friend who owns about a half a million in real estate on strategies to lock in the equity gains on his properties by using the financial markets with a net short position as a hedge. He's very interested in taking his real estate game to the next level in regards to markets and I know hedging is going to help him increase his efficiency and growth rate, very exciting stuff.
Follow me for concise multi dimensional, unbiased fundamentals, multi timeframe technical analysis, consistent posting of seven asset classes, shares, likes, comments and coins!
Comment:
This turned out well, called it to the day, also called the most recent swing in the currency market, if you like my work please share it with your friends, Thanks!