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Tony Katz: Index could fall by 52% before major real estate declines
Tony Katz, crypto commentator at Social Media, forecasts a significant downturn in market indices followed by a decline in real estate prices.
Katz now anticipates a 52% drop in the index, revising his earlier estimate of a 50–70% decline to a wider 50–80% range. He also projects that within 2 to 6 months after the initial market correction, real estate values could fall substantially, estimating a possible fivefold decrease from current levels, meaning a property currently valued at $1 million could become worth as little as $200,000.
Katz has previously commented on cross-border crypto activity, stating that Iran, Russia, and China are using Bitcoin for international transfers instead of USDT or USD. In a separate analysis, he recommended that Iran peg its currency to Bitcoin for trade and settlement purposes. These past statements reflect Katz’s ongoing focus on digital assets in global economic shifts.
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