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SECTOR ETFVNQXLREBEARISHCore thesis · 5/5

Zortix matched this thesis to Real estate ETFs as the exposure the bearish case argues against, most actionable for readers who already hold them. Not a recommendation.

Real estate faces historic 60-80% declines

The bear case made for real estate is that average homes could fall 60% from peak, with high-end markets down 70-80%, in a crash far worse than 2008.

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NOT INVESTMENT ADVICE · A SUMMARY OF WHAT WAS SAID ON THE PODCAST · VERIFY AGAINST THE SOURCE