08/24/2026
Why the U.S. Economy and Real Estate Will Keep Rising Despite High Interest Rates!
I keep telling my clients that the U.S. economy is going to continue doing well, and they're always surprised. Housing costs aren't coming down, and we're not heading for a crash. Real estate keeps going up over time, and high interest rates and inflation are here for a while because the government is devaluing the dollar. Your house's value is rising because the dollar is worth less, not because it's worth more. Immigration keeps wages down, but the economy's fundamentals are strong—the Dow is at all-time highs. We'll see assets like real estate climb, wages rise, and inflation persist, but no major crash. The dollar's devaluation helps with national debt, and America remains ahead globally with energy exports. Don't worry, we'll be fine.
I keep having to say this to my clients, and they keep appreciating it when I do. Everybody seems to be surprised to hear this, but the United States economy is going to continue to do pretty well. When it comes to purchasing houses, a lot of people are putting off their purchases because of interest rates, fuel costs, the war in Iran, and I understand all that. But you know, housing costs aren't going to come down. We're not going to experience a crash in the market. I have listened to enough analysis and I've been around long enough to know that real estate does this. It just keeps going up and up and up and up. And sometimes it does one of these numbers, but it corrects and it keeps on going up. And we're going to continue to see real estate going up. In fact, I don't think we're going to have a crash at all. We're going to continue to have high interest rates and inflation for a while because the government is devaluing the United States dollar. Your house is not worth a whole bunch more. It's just that the dollar is worth a whole bunch less. And there's been a lot of immigration and that keeps the cost of wages down because there's always immigrants willing to do the job that you're willing to do for less money. I'll tell you something, the United States economy, the fundamentals are very strong. The Dow is as high as it's ever been. If we see anything, we're going to see the dollar devalued, which is going to make all the assets like real estate go up. It's going to drive wages up. It's going to drive inflation and costs up, but it's going to make the United States Treasury a little money because we've got $40 trillion in debt and devaluing the currency will make that debt worth less. And so we're seeing the dollar sink. And why is that? Well, it's because America is taking steps to devalue our debt. That's going to make your million-dollar house a $1.6 million house. It's going to make your $22 an hour wage a $60 an hour wage. It's going to change a lot of things, but it's not going to make real estate crash. The crashes that we've seen, crashes, are between 10% and 15% in Sunbelt cities, places like Florida, places like Texas and Arizona, places where they built too many houses during COVID and they still have too many houses. We're not going to see a giant real estate devaluation. We're not going to see real estate be worth a whole lot less money. We're going to see it continue to climb in value as we continue to stagnate. But all the other countries, they're not doing as well as America is. America is still ahead. All the fuel is being bought from America. All the energy is coming from America. All that natural gas, it's now coming from America. Russia's natural gas and diesel and gasoline and unrefined crude are not going to come back online for a long time. Neither is the Middle East. We're going to continue to see America in a very strong position. BRICS currencies, Brazil, Russia, India, China, South Africa, no, nobody's going to want to do business in the Yuan Renminbi. Nobody does now. It's like 2% of global trade where the dollar is like 80%. America is going to be just fine. Don't worry.