There is no shortage of opinions and predictions about the real estate market.
I’ve read compelling arguments from those who are extremely bearish (predicting economic doom) and those who are cautiously optimistic.
The truth is that nobody knows with certainty what the future holds.
So, how should you approach making decisions about finances, investments, and business?
Consider following Ray Dalio’s advice: “Be Radically Open-Minded”
Having a closed mindset or unquestioningly accepting something as true simply because it aligns with your beliefs can restrict your ability to explore alternative perspectives.
As the saying goes, “Nothing is more expensive than a closed mind.“
However, by practicing radical open-mindedness, you can maintain a state of learning and gain better understanding and perspective about the issues you are facing.
This, especially compounded over time, can have a significant impact on informed decision-making.