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Gadgets

Robert Kiyosaki Issues Dire Warning But Says Crash Is The ‘Best Time To Get Rich.’ Here’s The Biggest Bargain He Sees Now

Rishat IslamRishat IslamSeptember 14, 2023
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Robert Kiyosaki Issues Dire Warning But Says Crash Is The 'Best Time To Get Rich.' Here's The Biggest Bargain He Sees Now
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Airbnb Inc. It’s in the spotlight. On September 5, New York City implemented a “de facto ban” on Airbnb’s short-term rental platform.

New York City, one of the platform’s top markets, has seen a sharp decline in the number of short-term listings on Airbnb. And according to “Rich Dad Poor Dad” author Robert Kiyosaki, a major shift in the real estate landscape is on the horizon.

“Airbnb will lead real estate market crash,” he said in a recent tweet on X.

While the crash in real estate prices can be devastating for homeowners, Kiyosaki believes it can be an opportunity for would-be buyers.

“If you want a new home, your happy days are over. The same goes for rental property,” he wrote. “The best time to be rich is in danger.”

check out:

The post has received 2.4 million views and 17,800 likes.

If you share this view, you can wait until property prices drop and then buy or own a home. Income property at a discounted price. However, Kiasaki sees a bigger deal for investors — and it’s not in real estate.

‘The Big Investment Deal’

In a separate post on X, Kiyosaki wrote, “BB: The biggest investment bargain: Silver still 50% below all-time high, on green demand for solar EVs.”

Precious metals such as gold and silver have been a store of value for thousands of years, the famous author said.

Unlike fiat money, which can be produced in unlimited quantities by central banks, precious metals are naturally scarce, making them a valuable hedge against inflation.

As Kiyosaki points out, silver also plays an important role in the solar and electric vehicle (EV) industries because of its unique conductive properties.

“After oil, silver is the 2nd most used commodity. Silver has been money for centuries. Who can’t buy 1 cent, but many people prefer to save fake dollars. It’s sad,” the author wrote.

Investors can easily find the gray metal. There are silver exchange-traded funds (ETFs) and mining companies that benefit from higher silver prices.

However, in an interview earlier this year, Kiyosaki said he “stays away” from precious metals ETFs because he wants “no collateral risk.” Instead, he prefers physical bullying.

Read next:

Do not miss real-time alerts on your stocks – join Benzinga Pro For free! Try a tool that helps you invest smarter, faster and better.

This column ‘Airbnb crash into real estate market’: Robert Kiyosaki issues dire warning but says crash ‘is the best time to get rich’ Here’s the biggest deal to see right now. It appeared at first Benzinga.com

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© 2023 Benzinga.com. Benzinga does not provide investment advice. all rights reserved.

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