Episode #1068 Join the Future of Real Estate Investing with Fundrise: https://fundrise.com/campaigns/fund/flagship?utm_medium=podcast&utm_source=biggerpockets&utm_campaign=podcast-biggerpockets-2024&utm_content=RE Episode Show Notes: https://www.biggerpockets.com/podcasts/real-estate?utm_source=youtube&utm_medium=description&utm_campaign=none Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Let Us Know What You Thought of the Show! https://www.BiggerPockets.com/Podcastfeedback Grab J’s Top Real Estate Investing Books: https://store.biggerpockets.com/collections/books-by-j-scott?utm_source=youtube&utm_medium=description&utm_campaign=none Find Investor-Friendly Lenders: http://biggerpockets.com/findlenders Read the Latest Blog Posts from J: https://www.biggerpockets.com/blog/contributors/jscott-2?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with J: https://www.biggerpockets.com/users/jasonscott?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Dave: https://www.biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none Will mortgage rates remain above seven percent in 2025? Are we closer to a recession than most Americans realize? Why does it feel like this economic cycle of high rates and a struggling middle class will never end? The biggest question is: What do all these factors mean for real estate, and should you still be investing? We brought on the man who literally wrote the book on "Recession-Proof Real Estate Investing" to give his 2025 outlook. J Scott has flipped over 500 homes, manages and owns thousands of rental units, and has been involved in tens of millions of dollars in real estate transactions. He started investing in 2008; he’s seen the worst of recessions and the highest of pricing peaks. We brought him back on the show as our industry expert to provide his time-tested take on what could happen in 2025 and share his economic framework for forecasting what’s coming next. J says we’re long overdue for a recession—and the red flags are popping up more frequently. While signs of a global recession loom, J explains what this means for mortgage rates and home prices and why now might still be the time to invest. 00:00 Intro 02:38 Will Mortgage Rates Drop? 06:23 Trump Triggers Inflation Fears 14:06 Will Affordability Improve? 16:48 "We're Due for a Recession!" 21:37 The Economic Cycle is Broken 26:57 Sponsor: Fundrise! 27:21 Recession Red Flags? 31:33 Keep Investing in Real Estate?