We're talking about the Real Estate Market Crash, Apple Car implications, and Trump signing the new stimulus
With foreclosures, forbearances, rising prices, and low inventory, people are talking about the U.S. real estate market crash of 2021. We go into the data for the benefits and drawbacks for the United States and Miami real estate markets coming into 2021: talking about the components associated with what may occur in 2021 and our outlooks. We go into the positives of the real estate market with Redfin Data, from the surging demand, low-interest rates, list price to sale price, and real estate's underperformance compared to the stock market. We also go into the risks for the real estate market including forbearance and foreclosures, along with the affordability concerns for first-time homebuyers, plus the difficulty of the market maintaining these rise in prices. Consequently, we are bullish on real estate for 2021. If we're right about the bullish future of real estate in 2021, there will be other assets and markets that will follow the trend.
Apple, the largest company in the world by market cap hit $2.2T, is up 79% this year.
Reuters reported on Monday that Apple is aiming to start the production of an Apple-branded car for consumers as soon as 2024.
Tesla uses cameras and radar and doesn't use lidar. Elon has an apathy for lidar sensors.
Apple's announcement boosted the stocks of two companies that make lidar sensors, a core component for Apple's future self-driving cars that allows their computers to take a 3D image of the world around them.
Velodyne stock rose nearly 23% on Monday. Luminar rose over 27%. Luminar Technologies. These companies make laser-based sensors for autonomous driving.