The American dream of homeownership is fading. I believe housing prices will keep rising in the coming years. Unfortunately, many Americans can no longer afford to buy a house and will have to rent for the rest of their lives. So, if you can afford to buy now, seize the opportunity before home ownership becomes out of reach.

You touched on something significant - the housing market being tied to the employment picture. I don't buy the media's explanation that the 2006 crash was due to loose lending. I believe that it was due to massive offshoring of US jobs and the corrupt media blamed it on lenders instead to hide the real cause.

The increase in price drops could be due to sellers being way too optimistic with their pricing. I've never seen so many homes where sellers over-ask and eventually pull their listings. I think the percentage of not-serious sellers is at an all-time high.

Getting better nice

They will not. Cuts are the beginning of the real crash. It will get much worse and the stock market is also going to drop.

To my own research In USA, individuals living in cars due to partial homelessness result from a complex interplay of factors. High housing costs relative to income, stagnant wages, and income inequality drive this issue. Job loss, weak social support, medical expenses, evictions, and lack of affordable housing also contribute, while systemic problems and inadequate policies further perpetuate the phenomenon.

Agreed. The real reason for the rate cut isn’t inflation being under control (the inflation is still going wild!). It is because the job market is declining- marking a declining economy.

U said crash was gonna happen in 2022 , its already 2024. Another clickbait

You killed it 🫡

The cost of rising home insurance in California is also another area of uncertainty. This will cause an increase in your per monthly dues.

If inflation continues to re-accelerate, don't you think they will be forced to increase interest rates? It's not like they have the option to just stand back and watch it increase and hope it comes back down. They indicated they will act not just if it does not re-accelerate but if it does not demonstrate, it is actively on the way down to 2%, so the likelihood of an interest rate hike seems very significant. There's nothing to naturally bring inflation down at this point unless the labor market implodes.......currently I've been engaged in active trading, which is generally safer, allowing investors to weather market volatility and also managed to grow a nest egg of around 2.3Bitcoin to a decent 24Bitcoin....I'm especially grateful to Linda Wilburn, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

2:47 😂 What if that doesn't happen?

Sick haircut & analysis bruv!

What crisis? We need to accept that this is the new normal.

Like the shades bud 😎 informational as always! thanks

Good Report. I esp appreciate the helpful quotes you gave at the end.

I'm wearing shades because I've invested 90% of my portfolio to memecoins😎

Larry, what's up with the shades and buzz cut? 😃 As always, good advice. Thanks.

The coming housing crash will make 2008 look like a joke

3:35 US Jobs report is spot on

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thank you 🤝

America. What a racket.

Thank you

2:31 700 billions in 2008 and 350 billions equity outstanding right now BUT how many mortgages in the market are we talking about in each case?

Whoever calls tops usually is right but late by a year or two as market tops are decided by governments. This is going to be the worse real rate collapse in history. They just don’t understand long term and short term bond marriage. Ray just give warning of the century.

I think it's time to make it more appealing for potential buyers. Real estate can be quite the rollercoaster! the stress and uncertainty are getting to me. I think I'll cut rents to attract potential buyers and exit the market, but i'm at crossroads if to allocate the entire $680k liquidity value to my stock portfolio?

When is the next video coming out? Need your update bro.

This is a really interesting take on the housing market. People are being Impacted by the long-term decline in property prices and the housing market. I recently sold my house in the Sacramento area, and I want to invest my lump-sum profit in the stock market before prices start to rise again. Is now the right moment to buy or not?

A home equity loan is rarely necessary...so just don't do it....problem solved

My goal is to become a homeowner. I have about $250k in liquid money, but given the high cost of real estate right now, should I hold out on buying or invest in equities for the time being?

The price matters for a home NOT the % rate. The lower the price the more room for equity. All of those people got had when they bought high with low % rates Never buy when a house is way overpriced you'll be dead before you see any real equity. And for gods sake NEVER get a HELOC!!!

What a socialist worldview... Before they didn't have ability to do a personal loan at 3% interest rate, now they do and that's somehow called "wealth transfer" ? Who is forcing anybody to do that? What the heck?

This is how the banks create money - mortgages - so they are incentivized to trap people because they profit. Numbers show 70%+ will not default so they're gonna loan loan loan

Housing is exactly as affordable now as it has ever been. It has never been easy and it never will be. I can prove it.

Imagine shamelessly promoting gambling app on a finance channel.

Prices are already decreasing in some markets, that trend will continue to spread. Rates will be coming down over the next 24 months. As a first time buyer using this money you will NOT be able to refinance for the lower rate because you will not have 15k of equity that will need to be paid at the time of refi. As rates drop, so will home values. I hope this makes sense

Own nothing and be happy. The borrower is slave to the lender you'll never pay this off.

The longest mortgage most people have in Canada is 5 years, almost every mortgage in Canada is effectively variable.

Whats the point of having so much equity in your home if you dont tap into it?

In Bay Area, 100% pretax_income still can't be enough for the mortgage.

One way to enslave modern slavery, trick them into an imminent debt, unfukenbelievable!

“A platform that allows people express their views with their own capital” just say you promoting a gambling website 😂

Wtf? This is so crap.. why would they do that!!!!!!!! This should be on the news

Why not make finance conducive to regular people so society works properly

Precise, short and informative.. thanks mate.

Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.

Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.

Awesome!

Housing crisis, health crisis, cost of living crisis, debt crisis, inflation crisis, EU war crisis, middle East crisis. How many crises can a koala bear? I'm approaching retirement with comfortable millions, yet scared of a banking crisis. Where do I best grow my money?