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What education should I seek out to think and talk like you. I feel totally in the dark and a result of a piss poor education system.
Unprecedented = Never happened before
America is such a sha!t show… exporting misery left and right and ruining the dreams of whole generations.
Sorry millenials, Gen X is after Boomers.
Can we say bubble?
Nobody needs more than one home, maybe also a crash pad if you work away in another part of the country but that's it.
Don't feed your greed
I bought a house with an interest rate of 13% but the house cheap! I'll take a higher interest rate with a significantly reduced house price any day of the week & twice on Sunday!.
you will own nothing and be happy…
Stop allowing foreign buyers to purchase homes like most countries do. Housing shortage solved.
Why would YouTube unsubscribe me? Why would YouTube stop displaying the quantity of dislikes a video receives? Is it because MSM & JBiden both received many dislikes and YouTube was forced to hide the quantity of dislikes? Amazing how stupid and or confused the TV consumer truly is. I enjoy seeing the world collapse as a result of fake news.
I do disagree on one thing everyone says. There is no housing shortage. There are hundreds of thousands of houses for sale in san fransisco alone. Theres enough houses to satisfy demand and then some.. Just not where everyone wants to live
Destin, FL Housing Prices Crater 24% YOY As Double Digit Price Declines Blanket Florida
It's going to be the $500,000 and up homes that are affected first.
That's all builders are building.
That's where the extra supply will be.
By late summer there will be more supply than buyers.
I worked for the largest retail mortgage hustler in the country and it's completely taken over by commie children, convinced a crash could be blamed on capitalism and make the world more "equitable". Don't send your kids to college. Don't use Woket Mortgage.
My mortgage is at 2.25% interest rate. That's unsustainable. If a small fish like myself got that rate, imagine all the giant companies who got it too and the damage done…
Isn't that good for the poor?
They are trying to emulate Europe. Simple. Mega land lords are a problem in Europe.
Fewer and fewer masters.
You wanted it that way guys.. You created these whales.. Freedom is a dream you gota be sleeping to take part in it.. And you guys in USA were so invested in taking part in it that didn't hear or see the warning signs that were coming your way from the entire world
.. Well guess what nooww you will wake up and face the harsh, cold reality of your dumb actions..
A crash has been coming for a couple of years. A blind person could see the bubble. This isn’t something new, thought up by a few billionaires. These things are planned years in advance. Just like in 2006-2007’s bust. One thing for sure is it will happen time and time again. It’s a great way to shift and hide money without much attention.
Our oldest child bought in the 2008 bubble time. Took a decade to recover. Youngest child is finding stuck in renting and going up. Wife and I lived through the high inflation Carter times, and choose to drive instead of in the move from a rural market to a city market in the housing bubble, good choice. I understand that your two sponsors hold the assets of art and bit coin. This is a risk of bankruptcy which I understand happened with bit coin asset firms. Personally I want to hold the pass words for bit coin and have the art on my wall.
You will own nothing and you will like it.
My 30 year fixed mortgage was 6.2% in 1998. 2008 was caused by massive oversupply. Nobody is building homes now. There won’t be a crash. Just the opposite. Why are you leaving out this massive part of the equation?
Sounds like a good formula for an armed revolution.
Investment banks buying up residential property. They have figured out they will make more money collecting rent instead of interest. Probably will do some type of triple-net lease so that the renter has to pay for repairs and maintenance. US will need to pass laws to prevent investment banks from directly owning single-family homes. This is why I think real estate will not crash along with the markets. The real estate crash will not be in prices. Instead there will be an "ownership crash" – nobody except the commercial investors will be able to buy property. Everybody will be renters. That is part of the plan for the 1% Political Elites to control 99% of all wealth while the 99% of the rest of us will be serfs.