Billionaire real estate investor warns US faces 'serious problems' unless this happens

[@HafezBd]

way is that there is already too much demand waiting to absorb that regardless of how everyone is panicking and calling the crash. Nobody was making this prediction in 2008, at least not the general public, as I indicated below. In the other comment, it was mentioned that the ownership rate peaked in 2004. As of today, we are at the median level, having previously peaked in the second quarter of 2020. It decreased by 3% over 4 years, from 2008 to 2012, going from 68 to 65 in the second quarter of 2020.

[@harod033]

The fact that the US stock market had been on its longest bull run ever makes the widespread worry and enthusiasm understandable given that we are not used to such unstable markets. As you pointed out, it wasn't tough for me to earn over $780k in the last 10 months, so there are chances if you know where to go. I hired a portfolio advisor since I was aware that I needed a solid and trusted plan to survive these trying times.

[@harod033]

@Abeb Michaels You may locate Ruth Loralann Brennan, using a search engine, of course. But I'm not sure if I have authorization to talk about this. She received a lot of media attention in 2020. She manages my portfolio and serves as my mentor.

[@djones7603]

@@harod033 Ruth appears to have a wealth of knowledge. So I made an appointment with her. I was intrigued and immediately copied and pasted her full name into my browser. I found her online profile and read through her resume, educational background, and qualifications, all of which were impressive.

[@billboyd1885]

Our economy is based on consumer spending with borrowed money. How is that a strong economy? That’s a house of cards

[@MJ-ee7fr]

Super strong economy based on, borrowed money with no repayment period, printed money, no labor laws.

[@adysandeddie]

Exactly . Reason it keeps going is the fact 90% of people dont understand what this means.

[@thealternativecontrarian9936]

and low interest rates, stimulus checks, and Fed purchases of toxic assets.

[@cdawg9149]

Consumer spending is based on never ending asset valuation increasing so they can borrow from the fake equity incurred. The economy is based on the housing industry / equity mkts. Once that is gone America is done.

[@mikegollihugh7992]

We don't have a "strong economy" The only reason they keep saying that is they are hunting for poor people to buy their stocks at all time highs, never seen before, and never to be seen again

[@felixbackflow2474]

How come these experts never mention corporate mass purchasing of single and multi family homes???

[@digitalassetdude]

They will once they dump it back on market and leave home owners holding bags that bought the top.

[@PB-oj6jd]

Agreed. Nothing like having a bunch of rental properties in your neighborhood. All they do is drive down values and looks of the neighborhood. People with no skin in the game don’t care how the property looks. Nobody wants to own a house with a rental next door.

[@tomcat8662]

@@digitalassetdude Why would they sell all those homes at a loss?

[@dagsterblaster4973]

Get rid of the tax advantages of r/e that were meant for FAMILIES, not speculators.

[@dagsterblaster4973]

@@tomcat8662 repo

[@johnlennon232]

The effects of the downturn are beginning to sink in. 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?

[@alexyoung3126]

Stocks with yields that outperform the market should be on your radar, as should shares that at least lag the market over the long term. But if you want a long-term strategy that works, I advise you to consult a broker or financial advisor.

[@joesphcu8975]

Don't depend your market assessments and decisions on hearsay and rumors; I did it in 2020 and ended up with worthless market holdings. Before I started noticing any notable improvements in my portfolio, Helene and I had to completely rebuild it. I've been using the same advisor ever then, and in just two years I've scaled up to $876k. Depending on where you look, a bullish or down market might both produce good profits.

[@kimyoung8414]

Thats a good one. I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market. Could this coach that guides you help?

[@joesphcu8975]

My advisor is Helene Claire Johnson , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

[@kimyoung8414]

she actually appears to be well-read and educated. I just did a Google search for her name and found her webpage, I appreciate you sharing

[@seaeagle758]

inflation was never going to be transient, but it will create a lot of transients

[@albertoj.mollinedo4116]

Nothing is ever transient. Entropy always has its final say.

[@brianoleson9224]

really... this old man is gonna lie and cheer lead that a hard crash isnt coming?

[@rajeshupadhyay5683]

Well said! I am also here to learn how to invest after listening to a lady on tv talk about the importance of investing and how she made 7 figure in 3 month, somehow the video taught me nothing and left me even more confused, I'm a newbie and I'm open to ideas on how to invest for retirement

[@lezliewhicker8450]

@@rajeshupadhyay5683 I'll suggest you lookup Priscilla Dearmin-Turner, she's our real investment prodigy since the crash and have help me recovered my loses

[@petermusa5396]

Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future

[@danielpoole1494]

Well at least Joe did unify America everyone got higher prices and screwed .

[@ericbown1551]

Lol yeah…100%

[@weaverdreams]

He actually united the left against him too!

[@weaverdreams]

@@davidclick5344 🤣

[@jukesfood5601]

Most of the inflation is from Trumps idiotic covid stimulus packages and his signing of the Cares Act payola. Biden just continued with Trumps leftist big Gov't policies.

[@iluvtheusa5044]

Yes, and he cured the 😷 flu! Anyone notice no one's had the flu since COVID came to town? Everything is blamed on the virus...or President Trump

[@airinbone]

We are already in a recession.

[@yiannimil1]

many too blind to see

[@libertywolf625]

For sure, understated inflation, manipulated heuristics, massive goobermint spending counted as GDP growth, etc... We are in the SUCK already!

[@yiannimil1]

@@libertywolf625 welcome back to the future...1980's

[@ronmoore3987]

I believe u r correct sir. People are oblivious to looming recession

[@SuperChriz92]

Correct, I believe all the times we had a recession we didn't know until we were already 6-8months into it

[@georgedouglas6102]

I have incurred so many losses trading on my own... I trade fine on the demo but I think the real market is rigged... can anyone help me or at least tell me what I am doing wrong?

[@danreviews8359]

Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor the trade like me, I traded with Mrs. Bennett Edmund and she has been very helpful.

[@makinx8803]

yes i strongly advise you not to trade on your own it is really dangerous and has brought down so many investors you need someone with the knowledge and strategies someone dedicated to the crypto currency market business and i am shocked because i trade with the Mrs. Bennett Edmund she is a great dedicated merchant

[@MariaHernandez-oy4us]

Wow I'm really not surprised you guys know this amazing trader too because all of our staff now trade with her, that name Bennett is now a target I must say after she predicted the fall of the luna

[@drhoticeevans7253]

wow you mean this particular professional trader saw the luna fall amazing how come i did not meet her on time please her page please

[@mariaaduhail2150]

Bennett is good, my friends and I have made good profits with her trading signals. she is really a life saver since we switched to her methods of trade

[@Barmourchavez]

The trucker shortage is due to insanely high turnover. They are underpaid for what is a difficult, dangerous, and stressful job that can keep you away from your family.

[@adamstackhouse2051]

Not to mention the convid crap

[@ceasarwright7567]

Yup agreed

[@johnsjohnson448]

Do you think $8.00 per gallon Diesel fuel has anything to do with it?

[@samuelcantley5500]

We drivers will not be a Slave to the government's waste you want the product you'll have to pay us not going to be cheap radiator are cheap Freight we will not haul it $200 an hour up to $500 an hour to drive these trucks come on drivers stand up for your rights get paid if not let the cat let the country die

[@samuelcantley5500]

Meijer on a road Meijer on the road my years on the road I'm not a slave to this government you want me to work it's 205 and $1,000 an hour

[@instinctively_awesome8283]

One major factor was left out is that we are seeing global inflation . I saw it in the news that most countries are all competing for parts , products , food, OIL etc. Even nations that managed their rates better are seeing major issues . The glut of money was an issue sure, but the surging demand from nation that re-opened from covid lockdowns played a larger role . Add to this pandemic-related staffing issues and the intentional global oil supply problems and its a nightmare . I known the intention was to explain inflation but that doesn’t do justice to the current inflation on a global scale......

[@Robertgriffinne]

U.S inflation hit 7% in December, fastest pace since 1982 . Consumer prices in Germany rose by 3.1% in 2021 . France shows a 12 -months inflation rate of 3.4% the highest since September 2008.

[@Natalieneptune469]

I think we need to stop softening the blow with the word “recession”. This is going to be a depression. 4 top economist agree on this. When the market reached high in mid 1930 it took until mid 1932 to reach the bottom. people can’t buy when they have no food, the trucks don’t have DEF to mix with the diesel to run (in all diesel trucks newer than 2009) No trucks-no food-no fertilizer.

[@marianparker7502]

In order for us to prepare for the future we need to look into safer investment with good prospect . If you have the mindset of investing 5 years ahead and just keep DCA every time you get paid. My portfolio have accrued gains of about $130k under the guidance of my investment -Advisor "Nicole Ann Sabi!n" whose skills in portfolio diversification are unmatched and client-centered.

[@PhilipMurray251]

@@marianparker7502 The crazy part is that advisors are probably outperforming the market and raising good returns. I will give this a look, thanks a bunch for sharing this Web.

[@pool2785]

How is inflation 8 and a 1/2 percent when nearly everything in my life is double

[@travist.phoenix-vocalist6968]

It's more. Gotta be.

[@BANDIT2DAY]

They aren’t counting food prices or fuel prices in the CPI. We are closer to 16% than 8%.

[@whataboutbob5473]

I see a 24 percent inflated cost across the board.

[@AC-kk3vo]

I see at least 20 up to 25 %

[@markwilliams4525]

Fuel has over doubled!

[@gg1555]

Everyone keeps saying recession...no. this will be a full on depression

[@memcc8663]

agreed. Better prepare.

[@DaRay814]

You're right, when you combine the supply chain issues abroad along with the usa food processing plants that have been destroyed, we are about have times worse than the depression

[@ronmoore3987]

@@DaRay814 I'm curious, how are the food processing plants being destroyed, I'm listening

[@bigtroll8249]

Nope!

[@justanengineer8675]

@@ronmoore3987 Fox News had a bit on this a week or so ago. Comparison by year of food processing facilities being destroyed, numbers were roughly 2018 - 6 facilities destroyed, 2019 - 10 facilities destroyed, 2020 - 9 facilities destroyed, 2021 - 7 facilities destroyed, 2022 - 17 facilities destroyed in 4 months.......

[@davidanderson2519]

"It's a strong economy." The tune they will be singing all the way until the crash.

[@vincentanguoni8938]

You are hoping for this!!! Schadenfreude... You may need to Google that..

[@AFineLineA]

Strong economy for those who already have the means to buy is more like it.

[@howardmann8689]

a strong economy is the very definition of increasing debt

[@williamshockley7692]

Just as the crash of 1929 heralded in the Great Depression, *_"they"_* are looking to start yet another war to gin up their wartime economic boom while needlessly killing off one quarter of the world's population to eliminate those liabilities from the ledger on the national balance sheet. Wars are great mechanisms for increased deficit spending leading to a global reset of the world's financial order.

[@howardmann8689]

@@williamshockley7692 I spoke to a us soldier said Putin took over eastern Ukraine in 2014. this is all an after the fact lie according to him and I don't doubt it

[@kmeccat]

Housing prices are sky high. A person with an average or slightly above average income can't afford them. Investors come along and scoop them up over the phone, before they are on the market even a week. This doesn't have as much to do with supply and demand as it does investors creating a short supply by buying them all up and hoarding them! Sickening!

[@HermannTheGreat]

Banks that have billions are paying 20% over price, average person would be foolish to compete at those prices. It's really sad.

[@SamiDunman]

my thoughts exactly

[@teknogroove]

​@@HermannTheGreat The banks pay us .5% or less for a savings account, and use our savings to buy up the houses, taking advantage of fractional reserve. We're getting screwed every direction.

[@jakestarr4718]

they are creating more equity to get more lending, sky is the limit! inflation is caused by the low unemployment ~ Nancy Pelosi... lmao First off in order to start a bank, we'd need $200,000,000 in equity, not money... Then the fed gives us a lending limit... That equity is collateral for the fed (which isn't even really federal)... So this allows the creation of a manipulated economic structure, as in the bank controls businesses by lending to them and the employee's in the cities they built. When the bank wants more money from the fed, simply stop lending and let businesses belly up and employee's can't pay the bills, sooo the bank then repo's all of that stuff almost worked off to simply just use it as equity and loan it out again. that's the backbone design of the USA... Hell the entire world basically... there is no decentralized anything, especially crypto, many crypto currencies have been shorted and burned to the ground. There is no way around it, except via unregulated loopholes in some industries. but eventually the tax man catches up and lobbies against you. there is no winning unless you are the bank, so act like a bank and start collecting equity, non taxable equity!

[@aaronbr2001]

"If I knew the answer to that I'd be rich". - Billionaire investor

[@maryherbivorre3393]

Right??!!

[@prairiemark4084]

I got a kick out of that comment!

[@guoxuxing6407]

yeah what a weird humor he has

[@markking2054]

If I knew the answer, translation: I know the answer, because I'm so rich I can't tell you the truth.

[@AFineLineA]

@@prairiemark4084 Same here!!!

[@corky914]

The serious problems started Jan. 1, 2021. Guess why?

[@Mike-cv7hv]

No Why?

[@LaSombraa]

jOe BiDeN

[@roberthomiak5003]

Buy den

[@Mike-cv7hv]

@@LaSombraa Biden wasn't in office on Jan 1 2021

[@thomascassler4406]

@@roberthomiak5003 you mean bi-den !

[@patriot8087]

I love Maria show, they are so informational, her guest are the best, and she doesn't talk over them she lets them finish there thoughts and get their points across. Maria is Awesome!

[@dayneholt4149]

I 👍agree.

[@billyhurst4319]

Agreed. love Maria always have

[@DougJDoug]

Maria is the best. 👍

[@billytothe6thpower]

She looks like one of those troll dolls

[@lindaabdrazak8159]

I want to start investing. Is it safe to start now, or should I wait until the end of this possible correction/bear market, despite the economic crisis facing the world, is this the right time to invest in stock,Gold/crypto?

[@fredautomobile3827]

Feels Great to see you guys talking about melisa pamela perez. Well, I'm not bothered with the fluentuaction in the Market is turning out, Melisa pamela perez got me covered too.

[@Benjaminmac]

@Jeffrey Harmon ✪ This is a shocker seeing melisa pamela perez is being mentioned here. I always had mixed feelings about hiring a lnvestment advisor. For the record, I started working with melisa in 2019, and she manages about 70% of my lnvestments, while I manage the other 30%. My philosophy is that I care more about my own money than anyone else, but she made me accept that they have wealth of information on current conditions and future trends

[@danieljeronimo940]

Please how can I reach her easily, I think I should try this woman I've heard so much good news about her can anyone help with the digit line?

[@danieljeronimo940]

@André Correa Thank you so much, I'll write her immediately.

[@mathiasray3104]

Trading and minimizing losses was also possible for me thanks to melisa pamela perez, Glad to see this, her work ethic speaks for itself. so does people too. an amazing IA.

[@jessstimpert6781]

Venturing into the trading world without the help of a professional trader and expecting profits is like turning water into wine, you would need a miracle, that's why i trade with Mrs Paula David, her skills set is exceptional.

[@tessbakker7549]

You invest with Paula too? Wow that woman has been a blessing to me and my family. Was skeptical at first until i decided to try. Its huge returns are awesome, can't say much.

[@philipclarkson5910]

I'm surprised you know her too, I've been making a lot of profit investing with her for a few month now.

[@nicolasvasquez7531]

Great to see you guys talking of Paula, Trading on your own can be very dangerous i can testify to that. This woman changed the game for me.

[@marklingard7705]

Do you mind hooking me up with her, I'm new at this.

[@hannahwidder1784]

I also make huge profits in stock market by trading with her weekly, her consistency is crazy. I haven't seen anyone so determined to make her clients profits as Paula. How she allows you express your fears and still calms your fears is something I admire about her. I don't usually comment on videos but I must put the word out there. She's really great.

[@WayBackNowLetsGo]

End fat government pensions!

[@lynnehood2198]

END fat government too.

[@nataliamiliano150]

And introduce terms limits!!

[@billylallen2662]

Truck drivers are always needed, the problem is you have to work 70-80 hours a week, sleep in your truck, always working for low pay. I drove trucks all my life and pay at the beginning was great, but then never went up, until their is a shortage of drivers and even then, it isn’t much. Prices go up for products, but the driver never sees their check go up with it.

[@genemounce8302]

I got my cdl back in '92 straight out of the USAF. By '95 I was an owner operator making 100k+ at 24 yrs of age.... Sold my truck in 2000 to work for the railroad. Got back in a truck in 2010 and I'm making barely 10% more than I was in the mid '90s.... Fkn pathetic.

[@garyjones3142]

You just worked for the wrong companies. I retired from 26 years driving for Walmart and am financially secure, due to 401K investing.

[@clemsmith8799]

@@garyjones3142 They told you that you make good money but couldn't answer when asked "why not one single truck driver lives in gated communities with doctors and lawyers" ...... lol

[@bryanbrett8943]

It's not just truckers who have experienced this.

[@garyjones3142]

@@clemsmith8799 Lawyers, guns and money, that's all we need.

[@shelleystodghill4016]

Ask the Democrats, they have all of the answers. It is called spend more like they did. Which by the way, we only got pennines.

[@bongbin3557]

Did asked them and their answer was it’s Trump’s fault.

[@jonathanp1884]

I agree there are too many handouts. So, investing in our infrastructure is not a good idea? I would like to hear some 'answers' from republicans. Not much chatter there except to complain. For the first time in American history, the 400 wealthiest people paid a lower tax rate than any other group, according to a new study by economists Emmanuel Saez and Gabriel Zucman at the University of California, Berkeley. The fact that the ultra-rich pay a lower tax rate than the working class is a massive problem. The Trump administration’s tax cuts for the wealthy highlight the fact that policy is moving in the wrong direction. Especially when there’s worry of a potential recession.

[@AcornHillHomestead]

Our school “system” should have thought more about teaching students more about trades instead of getting their noses in to student sexuality and questioning their gender. This shortage crap is such BS. We knew long ago this was going to happen. Now the people in the trades that have any talent can name their price. My husband has been asked repeatedly to go back to the state he retired from and do work for his customers. They cant find anyone they can trust. Look at the clowns coming out of school with their tattoos, piercings and green hair. Uh, sorry but no thanks. Send me someone grown up.

[@rjcontre8799]

Lol. Youre hilariously from the 50's.

[@Go4Corvette]

You are right, and many will pay for these mistakes.

[@fett_420]

@@rjcontre8799 Well all the democrats responsible for the mess we are in are all from the 40's and 50's, that's hilarious.

[@DarrellBeckford]

@@rjcontre8799 You're sadly from a later period when a real education including good grammar and spelling became "racist".

[@oliviumtrading6849]

Look at these racist conservative boomers coming back to work. Ugh no thanks. Send me someone grown up.

[@lucyintheskywithdiamondhands]

Sam Zell sold all of his commercial real estate in early 2007, and told people, don't worry, we aren't selling because we fear a downturn on real estate, but, a few months later, the real estate market started to crash.

[@iphone3gsdivine]

“If I knew the housing market was goin to crash in 2008 Id be rich” -Sam zell

[@vernonfisher857]

Everybody keeps focusing on the workers, ie: "wages continue to go up, but inflation eats away the gains". why is nobody mentioning that those older retired, fixed income pensioners don't have increases in wages, because many are not healthy enough to re-enter the workforce. They (we) are the ones most affected by this inflation "tax" and nobody seems to be interested in that demigraphic.

[@hawaiingirlbeth]

I feel this. The struggle is so real.

[@09astro27nm]

They will as the boomers are still a huge demographic. Oldest is about 75 and youngest 60. Still capable of seeing how the bread is buttered

[@royanderson1429]

If you have a pension you are doing good

[@joevarga5982]

Nobody mentions that the biggest driver of inflation is MASS IMMIGRATION. It's increasing competition for homes, apartments, EVERYTHING. People all over the USA claim that people are moving to their area in droves and the streets are packed and nobody can figure this out. Immigration is the main cause of population increase in the USA, not natural childbirths.

[@ligafftheindifferent3495]

Indeed. The adjustments for inflation are usually not in line with reality.

[@dragonfly3724]

Stop printing and spending money this country DOESN’T HAVE! In my county on the West Coast to build a house here and permits is very, very costly.

[@Dickie515]

In San Diego the City has to find revenue anywhere they can, because 20 years ago the mayor gave generous pensions to city employees that could never be met. About 2 billion underfunded. What do we expect from corrupt politicians ? This goes on all over CA.

[@stephaniegormley9982]

And stop paying people NOT to work in order to force small business to pay higher wages. Small business, you know those guys who've been squeezed by Covid restrictions the last two years.

[@inkdelencquesaing1924]

@@Dickie515 So burn the mayor's house. It's the only way it'll stop.

[@snapfinger1]

Inflation is a universal pay cut.

[@rons5319]

We are working more and getting less for it.

[@snapfinger1]

@@rons5319 how could anyone not notice, so big man how about let me hold a dollar & a cigarette til next pay day. I just pawned my mo-ped.

[@EllieMaes-Grandad]

Inflation is theft . . . . it's that simple!

[@snapfinger1]

@@EllieMaes-Grandad it’s caused by inflated egos of criminals in charge of your cash they want to make trash.

[@algofreak8510]

Real estate companies are trying to control rental market by keeping the inventory low so that they can sell the homes at higher prices to make the profit. let see for how long they can do so.

[@rickyaguilera]

And you never hear this from the media, Fox, CNN etc….

[@mitziburnett975]

I just did an upper end area that the graphs for market shows declining. Real Estate Companies have no control.

[@phumai4850]

When common people can't make purchases in real estate, groceries, and so much more.... Its a lingering problem that will shock firms around the states and the world. If consumers cannot consume expect chaos across the board in mental health, survivability, optimism outlook, and etc.... Ultra rich don't feel it. Regular people do, the people that build your businesses....

[@takearight.]

Absofrkkinlutley... 👍

[@valeriemckay7064]

It's what they want.

[@west7192]

Poverty produces two things: crime and revolutions.

[@jebbohanan2626]

Just because someone has a boatload of money doesn’t mean he/she should be trusted.

[@seanbrown9048]

This rich old geezer made some good points, but they’re very old fashioned supply side economics points, and I’m just not sure they apply to today’s very weird and volatile global markets.

[@rogernewton7831]

Just because you don't doesn't mean anything either.

[@victorblock3421]

@@seanbrown9048 The "rich old geezer" has a set of balls you cannot imagine having. Founder of 5 public companies. Works everyday making his stockholders and others very wealthy. You'd be better off listening to what he has to say.

[@McRemmyBaby]

@@victorblock3421 he could not imagine my life and definitely my dads, Lmao stfu

[@Ziegfried82]

While I agree with the general sentiment, this guy knows real estate. Any comments he is making on real estate I am listening intently.

[@gamersanonymous4me131]

Its simple, common sense. If your family borrows tons of money who pays it back? You do, you cant force your neighbors to pay back the money you borrowed. The Fed creates money from thin air and loans it to the government without any expectation or demand that they pay it back but...the government contractually is to pay the interest on the money that was unconstitutionally created by the Fed. How can the government pay the interest?" Its no coincidence that the Fed was created in 1913 and the income tax (the way to pay the interest) was created in 1916. Stop the insanity, learn the truth and the truth shall set you free. Dont get lost in B.S.

[@russellm2555]

It's no coincidence that the Fed was created alongside the automobile, specifically the same year as Ford's assembly line. Because without a consumer credit and loan system, only a few autos would sell. And there would be no America the superpower as we know it

[@shadowprovesunshine]

🤯

[@jamesbondjr1041]

Mr Zell stands to lose zillions of dollars & he's warning the little guys about their savings account. Well, be sure to listen well, cause most folks only have one (1) little savings account.

[@p.o.canadian5817]

That little savings account means more to those people !

[@p.o.canadian5817]

It's like Trudeau saying low income people don't deserve breaks

[@seanbrown9048]

Yeah, these rich old geezers, and super rich Musk, Gates, Buffet and Bezos… they can, and do, lose billions with downturns and not only recover, but thrive. On the other hand we commoners are wiped out.

[@davemi00]

Much Homelessness is because of Lost Jobs and High Priced Housing. Let’s Go Brandon

[@barbaraann6229]

Right, because Trump did so much for the homeless and housing. LOL

[@fastfreddyrealty5317]

Job creation. Adults in the room.

[@rosaliethomson4655]

Tree Climber. It doesn't take a lot of brains to say Let's Go Brandon. Shows your lack of education.

[@barbaraann6229]

@Resume Expert Ya sure, like the Opportunity Zones that were supposed to create low income housing, but instead made Jared and his friends richer with the "opportunity" they used to build luxury apartments. Are those the policies you are referring to? Or maybe it was raising the poverty line to kick the poor off social programs and out of their homes. Those policies? Name ONE of his policies that had a positive impact on the poor, directly or indirectly. Ya Trump was a real advocate for the poor, wasn’t he? Shmmmh.

[@barbaraann6229]

@@fastfreddyrealty5317 Biden has far more job creation than Trump ever did.

[@travelnurseadventures3225]

“…cost of nurses….”lol, they are cutting travel nurses’ pay and nurses are quitting in droves, but not to worry no one is cutting the Hospital CEO’s pay, big pharma, insurance companies etc….🙄

[@VirtualAs]

of course, clinicians should work out of altruism, while money industry, IT, real estate, bureaucrats, etc accumulate wealth. Obamacare culled the medical workforce, the small effective practices cannot survive, as corporate medicine gets paid 5 times more than practice, and practices are mandate to spend money on information technologies. The practices and patients are mandated to pay for electronic support. Take away that cost and you will be able to pay physicians, nurses, and technicians who actually take care of patients. Otherwise you will have Ezekiel Emanuel health care plan (reference to his article "Why I hope to die at age 75" in "The ATlantic")

[@justaconcernedcitizen750]

It's like that with all companies. None of the CEO's are taking a cut. That's ok, let them lower themselves when they will be forced to take a cut or do the work themselves.

[@andrewruddy962]

A miserable old billionaire tries to make more money off the backs of nurses. Karma happens and hopefully soon.

[@michaelykwon]

are they really cutting ur travel nurses pay? esp during the greatest inflation/corporate profits?

[@travelnurseadventures3225]

@@michaelykwon yep and rent going up-funny side note, at the hospital I’m at there is construction everywhere and the construction workers are under contract-so I asked one of them-did the hospital cut your pay? He said no way we are contracted to work, I said me too, but they cut our pay. He said I’d sue for Breach of Contract. Lol

[@stevensproull9388]

If you are a real estate investor, you have my sympathy...The leverage will once again be wiping out people...

[@tonyd9830]

Not mine. They and the dems have killed dreams of owning a home for millions

[@kimlersue]

You know for many years in the 60's, 70's. 80's and 90's interest rates were consistently 5% and up. For three years of Carter's presidency they were 11% to 13%. The usual interest paid was 7, 8, or 9 % from the mid 70's to 2000!

[@danielsemmens6640]

For the truck driver shortage it isn’t so the real story is living out of box poor rest and sleep away from home not a lot of people ready for that

[@yiannimil1]

@@danielsemmens6640 thanks Daniel!...

[@TFJ4runner]

@@kimlersue yes and the cost of living was also a lot lower

[@yuckyool]

Raising interest rates to something close to where inflation is heading (6% . . . 8% . . . ++?) will mean the borrowing costs for the Federal Govt will skyrocket and fewer$$'s for politicians to buy votes. It's going to be a rough 3~4 years . . . and that's a best case imo.

[@33crushman]

10 years

[@bryanbrett8943]

@@33crushman that's much closer to the truth

[@manleynelson9419]

Inflation is over 10%

[@goranjung8266]

More like 20%

[@benjaminpbarrett7607]

Yup. Exactly!!!

[@Eva-li2pe]

He lied when he scratched his face saying “strong economy and no recession”

[@chaddobson9174]

Movement is always how you tell someone is lying.

[@steeveekeys1904]

@@chaddobson9174 What kind of movement? Don't your eyeballs do something weird?

[@James-rj4oi]

For an expert it sounds like a non commital answer to every question!!!! The so called liquidity will dry up almost overnight if they keep pushing inflation, mortgage rates to the brink!!!!

[@sophiamora1782]

To obtain financial freedom, one must be either a business owner, an investor or both, generating passive income, particularly on a monthly basis.

[@samuelsousa4294]

I don't know who need to hear this but stop saving all your money. Invest some of it if you want financial freedom.

[@davidmonteiro9941]

@@samuelsousa4294 Most people fail to understand that living a life without passive income isn't worth much except trying to pay off debts or loans.

[@gabrielaponce5061]

@@davidmonteiro9941 I agree with you and believe that the secret to financial stability is having the right investment ideas to enable you earn more money, I don't know who agrees with me but either way I recommend real estate or crypto and stocks.

[@austinmcmurray9339]

@@gabrielaponce5061 Yeah!! It would be more beneficial and yield more profit if you actually trade on cryptocurrency, I've been trading since the dip, I've made so much profit trading.

[@nazminhadi5763]

@@austinmcmurray9339 Crypto is bringing a different revolution in the world economy, people who are optimistic investors earn consistently, others will just sit and watch!.

[@viviangall1786]

How to outperform the stock market; read thousands of annual reports, learn about margin of safety , buy undervalued stocks , insider information and seek professional help.

[@chrismillson2779]

the problem with most investors is seeking instant result instead of being patient. patient is a virtue that is highly applicable in the financial market. its not a get rich quick scheme.

[@bobbygunz9254]

@@chrismillson2779 This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a US-based finance consultant by name NICOLE ANN SABIN and everything changed. I started enjoying huge returns from my investment.

[@viviangall1786]

@@bobbygunz9254 This is really impressive, who is this advisor?

[@julietmark9849]

@@bobbygunz9254 Nicole Ann Sabin is my Advisor too, She has been of great help and her tutelage has brought me to a higher understanding of profit generation. You can look her up on the web and verify her yourself

[@sheilathomson871]

There are hundreds of thousands of people who need apartments. Are they building any of those? People can't afford houses at these prices. My parents bought their first house for 22 thousand dollars.

[@TheTruthHurts732]

And minimum wage was $3/hr

[@jamisonbernhardt3310]

Rv. Sad

[@sflasaint811]

They’re building luxury apts and most of them are empty.

[@rayosullivan4398]

WHEN WAS THAT 1800 HUNDREDS

[@jamisonbernhardt3310]

@@rayosullivan4398 nah that's realistic Midwest 1970s early 80s. If you don't know you don't know.

[@knickell50]

When interest rates get back to 16% like it was when I bought back in the 80's I will start crying some rivers!

[@whofarded]

Sam touched on the 1st and only factor relative to all this: Supply chain. Add to this the emerging energy crisis and you need more than interest rate hikes because items that are getting scarce already will be even more so - ergo, demand may shrink, rates may even be 7% or higher, but prices will continue to climb until you deal with failed energy policy. Try plugging a cow into a solar panel and see if that's enough to produce milk, or give chickens more sunshine instead of grains/feed that is now going scarce and see if you get eggs.

[@dingfeldersmurfalot4560]

That's a big part of it, but it's much bigger than that, of course.

[@jacquelineburrows8208]

Here's an idea, instead of the taxpayers pay the interest the Federal Reserve and Big Banks charge, let them pay back all the taxpayer bailouts....And make it illegal for banks to sell loans, at the same time they sell your loan as they are getting bailed out....

[@dianewalker9154]

Excellent interview with Sam Zell. Loved it. Intelligent. No one stepped over each other. Very professional.

[@beyondrepair8949]

Hold on, Didn't Sam Zell make all of his money buying distressed properties and properties in a distressed market? Shouldn't he be licking his chops right about now because the crap is about to hit the fan. Sam is a really smart man.

[@lionheart93]

he is like I am lol. Loading up

[@beyondrepair8949]

@Ukraine is Russia I'm your man. How much do you want to transfer :)

[@timqualle2298]

Bingo

[@SD-nq6kg]

@@beyondrepair8949 I recommend this man. He transferring over 1 million each month for my cartel 👌

[@billm7035]

The fed pumping trillions of cheap dollars is what fueled the housing bubble. Supply was much less a factor

[@digitalassetdude]

Yep, housing market is a house of cards at this point. Anyone who tell you differently got in line to massively over pay for a home in the last 18 months.

[@notastone4832]

@@digitalassetdude could be worse.. could be like canada's housing market.. a house in the middle of nowhere in ontario costs the same amount as a home in LA lmfao

[@worldtraveler3560]

@@notastone4832 But you get all that free healthcare and socialism eh.

[@dagsterblaster4973]

@@notastone4832 I saw the other day that the avg cost of home in Canada is nearly 900k, granted canuck dollars but still. That is 2x the USA. Didn't help letting foreign investors come in and flood the market with speculative buying.

[@Smok33_]

can't have it both ways...blame the fed for fiat currency while simultaneous praising for the stock market reaching new highs

[@wilsonjudson1650]

There might be an economical turmoil but there is no doubt that this is still the best time to invest.

[@jamesmaduabuchi6100]

Best time to invest? thats funny though because in the last four months I have lost more than $47,900 in stock market which is the biggest I have loss since I ventured into stock investment.

[@wilsonjudson1650]

you could be right or wrong depends on your expertise, I once made such loss when i invested thinking i have gathered enough trading skills from youtube videos

[@wilsonjudson1650]

now its a different ball game for me because I was lucky to have met TERESA JENSEN WHITE, a financial manager and stock expert, I have made more than $165,000 in 6 weeks under her supervisions.

[@dorissteve912]

Really? people are cashing in from the stock market and frankly speaking its comforting seeing someone admit to the fact that they actually seek help from professionals. please how can i reach TERESA ?

[@wilsonjudson1650]

search her name on the internet to reach her

[@marcelagross9985]

I recommended a professional broker to you guys sometime ago,can i get person who invested with her Comment below

[@dmme4424]

Hey I did invested with her , i made huge profits Thanks for recommending💬💬💬💬💬💬💬💬💬💬💬💬💬💬

[@Solomon-qh1cn]

I saw that recommendations but i did not bother chatting her up🤦‍♂️🤦‍♂️🤦‍♂️

[@Solomon-qh1cn]

Hello thanks for introducing her to us i actually did the trade with a loan from my friend and now with the profits i payed up and now am happy and comfortable

[@lightbaby2495]

@@Solomon-qh1cn Same here it's four months now I started investing with her and it's been a good experience

[@biggirl448]

@@lightbaby2495 Who made profits for you, am really looking for a pro who can manage my account and make me huge profits

[@kkacz7783]

Rising mortgage interest rates does NOT affect these institutions from buying cash. Forcing rentals at ridiculous levels. Choking hard working families and driving homelessness.

[@AFineLineA]

And they didn't metion the lack was also helped by investors snapping up the low cost house therefore excluding lower income from being able to buy. Funny how this one was rigged to make he buying impossible for many and rents can't be afforded either. It never went that way before that can be remembered. And rents were never intended to cost more than buying a home, yet they tell renters they can't afford to buy either so what are they really telling the public who the majority is the working poor?

[@koltoncrane3099]

Well the huge issue is some can borrow 50,000,000 or whatever insane amount and buy real estate at real low interest rates while the public is charged more. Then with the fed keeping inflation high they’re basically paying Wall Street to take this money and buy crap. If you’re a pension fund for people retiring you can’t buy government debt and get a yield above inflation. You’re losing money. It’s called financial repression sadly main stream media never talks about it really. The fed could have jacked rates a year ago.

[@TheHellFlower1]

"possibility"- HELLO, we are already in a freaking recession.

[@shelleystodghill4016]

People are going to do without. People will be stealing.

[@Fvcky0uverymuch]

What do you mean are going to be where have you been

[@johnzabik270]

Vote to get rid of Biden, AOC and the Squad in the next election 🚙🚙🚙🚙🚙🚙👍👍👍..Let's Go Brandon!!🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮

[@stevej3435]

Your countries central bank (the Federal Reserve, which is largely privately owned) caused these financial problems.

[@Patricio007x]

Maria’s questions are on point!

[@Romas_th]

Investing in coins is one of the lucrative investments but many are still ignorant of it due to lack of experience

[@gabrielfernandez2307]

Whatever type of investment you decide to get into,I think the key message here or for me rather is to start investing no matter how small. when you invest, you're buying a day that you don't have to work ..

[@navvetcoperator973]

It's clear our kids will not be able to be as financially successful as we were and it makes me sad and fearful for them.

[@bearrally888]

I have heard this keep repeating itself since the 80s. My 1st mortgage was 11.5% adjustable with out cap.

[@radiofreealbemuth]

Depends on their job. If it's blue collar, the demand is higher than ever, and I have neighbors who easily make 100 to 500K+. For liberal arts college grads, there are too many of them. Plus with women joining work force, the pool of workers got twice as deep. This is why corporations loved it when women flooded work force and drove down wages for men.

[@navvetcoperator973]

@@radiofreealbemuth True ref Blue Collar jobs that's why I wish our schools starting at middle school, would be half academic and half trade/vocational schooling. High schools could partner with businesses and the students could work over the breaks and summers with real world skills then graduate with a future in front of them instead of a mountain of debt.

[@navvetcoperator973]

@@bearrally888 Agreed I was a victim of high interest rates myself back then when buying my first homes but this is substantively different. America wasn't in nearly 31 TRILLION $ in debt and having the "supply chain" issues we are having now. I believe we the roller-coaster just crested the top and is gaining speed downward.

[@Smok33_]

@@bearrally888 and your home was less than $150K back then...smh

[@marechuber]

Everyone has an answer, but know one really knows. Long or short positions, watch out for further instabilities, is something we can expect.

[@jaybartgis5148]

7:38 trucker here. We aren't in a trucker shortage. Spot prices are down and we have more men then we even need

[@KILLRITUAL]

Let's Go Brandon!!!! The POS has destroyed America.

[@emiyashirou2752]

You forget the idiot Trump who started a trade war with our biggest trade partner and now we are suffering. The US has been in decline for many years, no empire last forever.

[@shelleystodghill4016]

Raises prices is just going to cause crime.

[@violetlopez5973]

I hear people ask if this is the right time to invest, yes because the stock market have always and will always be a volatile market, that is why it is important to have proper research, analysis and strategy when investing

[@charlottebrown9336]

The market is so volatile now to be depending on bull run to make profit,I advice everyone to trade now with a working program with like that of Kathy Genelle Britton so far she is helping me find investment that has significant growth potential.

[@ellajackson34]

The best way to find that balance between saving and living is by investing. This way you get to have your saving intact and then live comfortably off the revenue coming in from your investments. Financial freedom is possible, you just need to know what to do and when to do it. I am a living testimony.

[@addisonclark5630]

The stock market is still a fantastic tool for building wealth, so it's wise to consider investing even if you don't have much money to spare

[@avagarcia6961]

I’ll take investments in stock any day they’re very remunerative only problem I’m having is I really don’t know how to go about it,I do get lost and overwhelmed by the markets. Any solid pointers in reaching this trader would be helpful,I’d appreciate if I got a reply

[@emilydavis8321]

The best strategy to use in trading stock is to trade with a professional who understands the market quite well, that way maximum profit is guaranteed. Because i have learnt along the way of my investment that research and analysis are important, note that experience is more needed than luck when it comes to the stock market.

[@followerofjesuschrist.]

"From that time Jesus began to preach, and to say, Repent: for the kingdom of heaven is at hand." Matthew 4:17,

[@babytho.4006]

Tradesmen shortage when the govt promote college education for all ... Why didn’t govt promote tradesmen??

[@MrKongatthegates]

Why not let the market sort that out? It used to be a degree was the ticket to the middle class. That was the conventional wisdom. Im an electrician of 15 years and to be honest its too much work. I would hope for better for my kids

[@xxwarsmithxx]

Because tradesman actually produce value and opportunity in this country comes in one of two ways - corruption or hard work

[@jailbreak852]

I think we're confusing multiple issues, honestly. If any lesson was taken from the shutdown it should be about the supply chain and domestic or allied production.

[@mariadraughon18]

Agree with that, however, apparently there is an attempted shift from that!

[@robertbaker3174]

And this administration will tank is. Good luck.

[@melissajennings8999]

We aren't spending 1 red cent on anything we don't absolutely HAVE to spend. We cashed out or sold everything, bought land on the cheap, bought a quonset hut kit & are building it ourselves. We've planted the garden & are setting up for chickens, rabbits & hogs so we don't spend anywhere as much on even groceries. We chose TN to make our home. We're hoping to get done remaining debt free, will be close but we might get lucky if we don't mess anything up (hubby is in industrial construction & I once was so we have a much smaller learning curve than most). My daughter has 4 children & I don't know how they make it but she's VERY smart & good with $. They lost 5 stores during Covid (2 during Trump) & are down to 2. Only thing is, they're in debt up to their eyeballs & my husband's kids are even worse off. I made it out of the past recessions so I praying they all will too if they keep their noses to the grindstone.

[@cristinacejudo1924]

I think we need to pass a law that residential single family home should only be sold to people who will be their primary residence. I have noticed that foreign investors companies are the ones buying homes.

[@Themultimediaguy]

Yep. That needs to happen across the world and especially here in Scamcouver Canada.

[@theshadowtalks]

I agree with only half….no foreign investors.

[@MrKongatthegates]

My parents own 2 rental properties

[@Nick-gk6hj]

OK genius, where would the rental market come from?

[@Themultimediaguy]

@@Nick-gk6hj Perhaps people that actually live and work in the countries and don't use personal housing as an investment scam?

[@brothermac9719]

"A Piece of Bread could Buy a Bag of Gold, I wish We'd all been Ready" Larry Norman

[@VirtualAs]

I tried to eat that gold. Not quite nutritious.

[@bernardbuonocore6927]

Boy.....he's modest....'a soft-ish' landing for a 'Controlled Crash' of the entire World Economy and Crash of the dollar.

[@gaynormca8992]

Love Sam Zell, watched a doc on him and despite his wealth he still comes across as a very humble man.

[@viscache1]

Like in the 90’s a 7% basis rate increase over a single year is the only solution to halt inflation. The short term recession, however painful, would be worth putting a stop to this cycle of misery that could last 15-20 years left unchecked. The Fed MUST STOP SPENDING MONEY THEY DON’T HAVE!

[@michelbarbeau5085]

IF you want something done rite, do it yourself. We the People are still here let’s show who we are. Don’t make mistake the argument created won’t direct all of us in the wrong argument.

[@mlk08012]

I’ve been watching Maria for 30 years and she’s just as beautiful now as she was then.

[@bobbygetsbanned6049]

We are already in a recession. Rates should have been raising for the last year, but they didn't want to hurt the already struggling bideconomy.

[@TravelinMama73]

Rates should have been risen over a decade ago! The Fed is politicized!

[@CategoricalImperative]

Better to oversimplify and blame the current president rather than read huh. Have you ever heard of the federal reserve?

[@truthlove1114]

Actually rates should have went up 6 years ago when the stock mart started over heating but Trump forced the fed to keep it artificially. Know your history and economics. Yes Biden spent to much but this all started 6 years ago

[@bobbygetsbanned6049]

@@CategoricalImperative Wow you told me to read, you must be a genius! Since you're a genius you should appreciate this admin lying to your face by calling inflation transitory, which was impossible for them to know without being able to see the future, then using that as an excuse to do absolutely nothing about it. And of course since they can't see the future inflation proved to be REAL, as always, not temporary or transitory.

[@mbradley274]

The same Fed that created inflation is now proposing a multiplier to inflation. Seems legit.

[@mariadraughon18]

I wish there was a hahahaha option

[@stephenelder4599]

Glad I sold my properties in Seattle and moved to Texas last year. I saw this one coming. 😎🇺🇸

[@gvonk2]

taking advantage of their top 5 highest property tax eh?

[@stephenelder4599]

@@gvonk2 I made over 500k on just one house so taxes Shmaxes. 🤣 Hahaha

[@JasonPatrick-tj4xj]

Nice to hear it when something works out. Im doing ok too. So many sad stories right now in the world.

[@dougtheviking6503]

Good for you 👍 sell high. Buy something cheaper. Thinking this crazy real estate market going to crash .

[@davidpowell3347]

I agree that failing to raise interest rates enough is more dangerous than raising them too much. Remember,if interest rates trail inflation,the abomination that is de facto "negative interest rates" comes into play.

[@patricegravino8120]

So, this is one of the 1%ers. He's a billionaire real estate "investor." He got rich buying and selling properties, including your home. A shiester rep for one of these guys tried to buy my house in a deal that would have left me holding the bag by underselling it several thousand dollars. Kicked the SOB out.

[@meyou9369]

Your ire is misplace. Pin it on Democrats who want to take your money and rights and "new" billionaires who sold their souls 20 years ago to create the largest kabal of criminals in US history.

[@weaverdreams]

You got that right. So many people don’t remember what happened in 2007. That’s how the rich get richer. They gobble up houses for pennies on the dollar during recessions and foreclosures. Sean Hannity bought about 1000 houses for pennies on the dollar that way. So did dozens and dozens of those elites.

[@marieduran6286]

So he invested in real estate, it doesn't have to be houses, he could have invested in businesses as well. Real estate is a good bet, along with utility stocks, they hold steady and keep their value.

[@prakashdayanandan3176]

If the rep was a shiester, imagine what a scum bag his boss is? I wouldnt trust this turd as far as i can throw this garden gnome

[@123asdzxc7]

He had the same chances you had

[@MiaAvatar]

Democrats and everyone, do better with republicans running things.

[@stockvaluedotcom]

Remember the Iraq war with money poured into the military and CIA, all under the watch of neocons? We have no friends in them thar hills.

[@SenorJuan2023]

Not historically, at least in re: to the economy.

[@EK-lp8od]

Factually incorrect.

[@corbinsmith50]

Nah, same crap different a holes.

[@mttrader7]

No that’s you problem your brainwashed their all the same republicans vote for some of these big spending bill smh

[@edmundpearson1401]

If we have a shortage of people how is demand up and it makes no sense to increase prices if demand is up we the employees aren't making any more money and when we do the employers raise the prices on the product it makes no sense

[@markwilliams4525]

Um, McDonald's and other fast food chains are paying they're employees $15.00 an hour that being said I don't know where you work so maybe they're not in a position to pay you more. The company you work for may be selling stuff for more money but it may be a pass through because of a product they're having to resale, basically saying they may not be making more money. The fast food restaurants I've mentioned have also reduced the number of employees and started kiosks instead to be able to pay the fewer employees more so I don't see an advantage

[@vickyhamilton2039]

I think we don't have many jack of all trades people. Contractors won't do small jobs when a home owner who wants a new front porch or a room remodeled.

[@thomascassler4406]

speak for your self , i,am a jack of all trades !

[@thomascassler4406]

and i,ve been working the whole time , and the money is fabiolus !

[@shannoncrawley9864]

Thats because people think they bought the materials the workers should be glad of the work the owners offered instead of what the worker needs to make a day of living

[@hawaiingirlbeth]

Not enough trade workers for sure. . My bf works 7 days a week construction.. No slowing down.

[@johnz.2907]

I totally agree with him, real estate has peaked but demand is too high for prices to crash. You have hedge fund investors buying homes by the hundreds and some by thousands, millenials who want homes, new home constuction caters to upper middle class due to cost to build and new build rates have been at their lowest over last 4 decades and last but not least immigration is at record historical highs.

[@7meekah]

Things that we as humans can not create will never peak. I learned that at a young age, which is why I have many properties. 👍🏾 don’t sell rent.

[@piplyf]

A recipe for permanent renters. That's where we're headed. Homelessness will skyrocket in the coming months. It's going to get bad folks. This guy is full of malarkey.

[@Nick-gk6hj]

Demand is too high, until it isnt.

[@keilana6]

I just want a little house to call my own. Never will be able to. I will never understand why there is no rent control for low income families who cannot pay rent increases.

[@chipbaish4012]

Thanks Dan for another great show. I really appreciate all the information you provider.

[@davidmartinez744]

I will forever be indebted to you you've changed my whole life continue to preach about your name for the world to hear you've saved me from a huge financial debt with just little investment, thanks so much Mrs Elizabeth Amdall.

[@dr.mohammederdogan]

Wow, amazing to see others who trade wit hMrs Elizabeth Amdall, I'm currently on my 5th trade with her and my portfolio has grown tremendously.

[@stephanienicole7006]

As a first time investor I started trading with her with just a thousand bucks. my portfolio is worth much more than that now within just weeks of trading with her.

[@davidmartinez744]

@@stephanienicole7006 You can communicate with her on her telegam page with the user name below

[@davidmartinez744]

investwithAmdall💯

[@kolsakfrom5039]

Mrs Amdall lost all my money. She is a fraud!!!!!!!!!!

[@jamisonmunn9215]

There should be no such thing as a billionaire real estate investor. Investors are buying up all the homes and apartments and pricing real working Americans out.

[@ripperx444]

What? Screw the working class Americans. They voted for Biden they can pay to live or move down the ladder.. I’m happy you picked your favorite politicians! Now work harder or stfu Voting has consequences! Enjoy the raised prices on rentals! I know I’ll be raising mine!!! You all thought you were going to push people around with Covid and mandates? Rental forgiveness? Comes back full circle! Move in with your mom

[@keilana6]

Yes I snickered when I saw the title. Isn't the cause of financial crisis the result of greed of real estate developers, corporations, politicians earning millions from lobbyists? Certainly not fault of middle & low income citizens.

[@brettcrawford511]

Rising interest rates will likely mean fewer houses are built. GRADUALLY putting pressure on house prices to rise. Good for house owners. Not necessarily so good for people who want to buy a house some years in the future. Rising house prices firm up the value of the housing market and tends to cause rents to increase because of a gradual shortage of houses to rent as more people become owner occupiers.

[@chillilover8345]

The property market will implode with sky high interest rates. Folks who can only service the interest rate that they were given before covid cannot take the hit of 1-2% increment let alone 5-10% in the course of 5 years. Dont forget that the high price of the property market is fueled by these same folks who went in and buy them when the interest rate is low. This means the weak ones will off load and try to sell which creates a lot more supply to the market creating a lot of downwards pressure to house prices. High interest rates weeds out a lot of potential buyer, they cannot service high interest rate because their purchasing power has been squashed by massive inflation. Also, when the interest rate is low, developers will try to build more, now that they are half way building, by borrwoing cheap money from banks pre-covid, we will have way more new dwellings when the interest rate rise. In a nut shell, it is the exact opposite of what you mentioned.

[@clownworld5474]

More houses need to be built. Existing housing needs to go to residents. Not be bought up by companies/individuals to make money as a long term investment. Also foreign entities should not be able to buy up residential housing. The market needs to be flooded with new housing in order to lower prices, however those with the money/power will do whatever they can to protect their investments In a global pandemic, with businesses closed and people not working, house prices went up. That tells you all you need to know.

[@777jones]

So be my guest, build it. Who’s stopping you?

[@johnwaters7847]

Well I understand your perspective, but you cannot build more houses and sell them for less, sorry it doesn't work. The feeling comes from the sense of entitlement. However, there is a far better solution. Cut taxes on industrial companies and businesses that employ more than 500k people. Cut bureocracy by half. Create tax incentive to bring factories from around the world to build in the U.S and cut bureocracy again. Restore energy production in the U.S, so the U.S may be energy independent. Cut taxes on companies that sell E.V taxes, and create tax credit for people buying their first E.V car. Control the lithium price around the world. By doing these things the economic growth will be huge allowing average Americans to have medium wage of 120k and the poor of 65k to 80k. Also credit will be abailable to all thanks to a huge economic growth. That will create a huge desire from people around the world to come to the U.S Americans will feel they can afford anything. Taxes will rise and people will find kind of affordable to buy 900k home. However as long as people keep hating the rich and believe a false narrative for the left about economy. Then American will keep voting for leftist which may lead to an economic catastrophe. You cannot spend more then what you make, sooner or later debt will bury you under. China on the other hand do whatever they can so they don't missbalance their economic growth with inflation. They invest heavily in new emerging market to push their economic growth exponentially, so they can have more debt and increase their revenue. When is too high then they create an slowdown in the economy so prices don't keep rising and overheat the economy. So then the cool down to make a balance and society work and work and get more educated about their economy than average American in the U.S. This is the main reason Chinese people come to the U.S, work hard and put their business up and run it like they are hungry and need to it. Then they buy assets ins cash Americans are left behind. These people understand how the system works, they have a family culture in which kids respect parents and family is crucial. So parents pass their wealth to their children. Meanwhile, youth in America grew and are growing very disrespectful to parents and authority, and feel everything should be theirs, and have deep in their hearts entitlement to everything. I think we should change the culture.

[@DigitalBridge.]

There is another contributing factor and that is the supply chain issues a lot of builders are having trouble getting the supplies they need thus raising prices for building materials and in turn homes.

[@SallyanneDeegan-sh4kb]

Oil change on my 6 cylinder was almost $100.00....inflation is already out of control

[@steven4315]

In Florida Corporations are buying all the houses paying cash. It doesn't matter if you can afford a house. If you can't pay cash you can't buy a house.

[@ZachBrimhall]

Powell is an absolute liar. Wow.

[@ziggystardust7888]

Now someone speaks out !!! Lol LoL LoL. POVERTY, Server. Crime, Lawless Government !!! PRAY !!! Please !!!

[@bearrally888]

No praying here. Armed yourself to the teeth

[@ziggystardust7888]

@@bearrally888 u better get God on your side !!! AMEN

[@bearrally888]

@@ziggystardust7888 God is always on my side, no need when dealing with odumbo indoctrinated communist morons

[@bearmarkettradeideas]

Wait until Americans and the masses figure out inflation is already in double digits and the “Owners equivalent rent” being the largest component of the CPI. Simply fascinating

[@franki7518]

What do you mean "owner equivalent rent"?😶

[@TomT0m_]

@@franki7518 It is a comparison between rent cost and ownership costs. It is used to calculate rental costs in the market.

[@TomT0m_]

@@franki7518 another way to look at it... rent prices are rising faster than the costs to own a home. I think that is what the comment is referring to. Once people realize the new rental rates, there will be a mad dash to buy homes. These homes are already priced at the top and thus the big banks and real estate holders make off with more of our cash, at the expense of the economy and government as a whole. At least, I believe that is the idea that the original poster is trying to convey. E.g.: my rent is increasing from 2,444 to approx 3,000. At that rate it will be cheaper for me to buy something even with higher rates.

[@franki7518]

@@TomT0m_ Jesus! What city & state do you live?!?!?! If you don't mind sharing.

[@bearmarkettradeideas]

@@franki7518 Imagine measuring inflation on the price of homes by calling up random home owners. It doesn’t matter if they have any knowledge in economics or the housing market. You ask them “If you were to rent out your home. How much do you think you could rent it out for?” Now imagine THAT being the largest component and metric of the CPI measurement Ruler? That’s what’s happening.

[@poncedeoly469]

there are 20 empty houses per every homeless person. So its not accurate to say supply is down its accurate to say that people don't have the money. Wages have nowhere near kept up with housing cost. so an affordable house today is the size of a garden shed- but we don't even allow this- how sad. the US is a failed state

[@Falconlibrary]

Those Bureau of Labor stats on the increases in food prices are way off. Here's what it is in my area: Ground beef: +40% (BoL says 13.8%) Bacon: +80% (BoL says 18.2%) Eggs: +80% (BoL says 11.2%) Oranges: +60% (BoL says 18.3%) Fish: +50% (BoL says 10.9%) Coffee: +20% (BoL says 11.2%)

[@rebeccagarrett7111]

Double digit inflation.

[@timcassady5856]

I love how the rich always frame there analysis by how the economy effects them. During “good times” rich and poor both do well right? Well for many years the rich have figured out ways to extract money and wealth no matter what kind of economy. Credit default swaps, hedge funds, currency speculation, all kinds of financial instruments that extract money and wealth out of the economy. Money making money. What do financial people create?? What tangible thing do they produce?? The fed and the banks create money out of thin air. Look it up!!! They then charge interest to loan and issue credit cards with no upper limit of interest 20% 30%, whatever! $30 trillion debt in U.S. well where does all of that $$$ come from??? It’s ok the U.S. has the reserve currency, what are you gonna do about it?? When the economy goes down everything is cheaper. The rich buy up increasingly more assets. When the economy goes back up they own more of the pie and resources. They then charge higher rents, mortgages, etc. the cost of living is higher. But when wages don’t increase at the same rate, people suffer. Look what happened during the bank crisis of 2008 2009 They sold credit default swaps that made them $$$, but were toxic. The bank failures almost created another Great Depression. So the Fed stepped in and bailed out the banks to the tune of $7.7 Trillion dollars. No bail out for the poor. After many foreclosures banks and assets were sold at pennies on the dollar to the rich. When the economy went back up they sold at tremendous profit. The rich pay little taxes, corporations too. Less is available for social programs and ladders into the middle and upper class. The middle class is stagnant. Many people are living paycheck to paycheck. The productivity gains for the last 40 years have gone to the rich!! They siphon off wealth like like a vampire squid. The gap between rich and poor is huge. And because of the disproportionate power they have, it’s hard to get a foot hold into the economy. Now that we are have inflation and corporate consolidation the rich don’t eat the price increases, they pass them onto us. If the economy slows or drops again, they will swoop in again and buy up more assets, and the process begins again, leaving more people poorer and powerless. This model has been played out in the Third World for 500 years. Conquer, subjugation, debt, slave labor wages, stolen resources, and environmental degradation. The financial world is no longer a bastion of the virtues capitalist success to lift all boats. It has become a way to extract the most wealth from the most people for the benefit of a few. Wow what a model of humanity!!! Even China is doing it now in Africa and other nations around the world. Build ports, roads, in order to extract cheap resources, and leave the people impoverished with slave labor jobs.

[@TravelinMama73]

💯 on point ☝️

[@MrKongatthegates]

The rich get richer in other words lol.

[@slanjbo]

Watch out, intelligent and accurate comments like that are what YT loves flagging and deleting. Don't want the algorithm to see your insights tsk tsk tsk :)

[@west7192]

@@MrKongatthegates and the poor get poorer and more dependent on the establishment.

[@porter009]

Spot on!

[@nitac.9444]

Business should invest in their good employees by giving them a investment in their companies. It would produce better employees as well because they would be invested in the company that they worked for.

[@Bk-qz3yk]

Pre 1980s logic. Unfortunately extinct today

[@Falconlibrary]

Always nice to hear from Yoda's grandpa. Why would you talk to an investor who focuses on his own profits and not an economist trained to study the bigger picture? Because Fox wants to push a particular agenda, not report the news.

[@jai4548]

Wish this guy was running the central banks policy. Powell and those since Greenspan are a disgrace. These low interest rates and money printing have resulted in a colossal misallocation of capital globally including people buying second and third properties all over the world to protect their wealth without even letting them out. I cannot comprehend why this has continued so far. The consequences are appalling for ordinary people.

[@curtisharrison4846]

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[@michaelsmith-tw7eo]

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[@raymondwilliams3486]

Demanding for his contact details? 👇

[@raymondwilliams3486]

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[@jeansricherwin5839]

I wouldn't agree less but a times we are influenced based on result of what will see and experience, failure at first try doesn't mean it is over but unfortunately people seems to back off when they have experiences some obstacle or failure along the way

[@nelsonkingowen3266]

You have to recognize you need an expert that understands how to read the market so you can avoid winning today and losing tomorrow. There's reason why experts like Expert Axel Merk's wins all the time,I was a bit skeptical but he Kept encouraging me to invest and it turn out very successful

[@Thomas63r2]

The big issue is the large and increasing number of EMPTY houses. Florida has ~ 1.7m EMPTY houses - investors are simply buying, not renting, then waiting to flip for large profit. There should be penalties for income properties remaining vacant for no reason other than making them easier to sell to the next owner.

[@michaelykwon]

also foreign investors like the saudis and CHINA

[@Thomas63r2]

@@michaelykwon Yes, many foreign "investors" are simply looking for a safe place to park their cash - they have no interest in rental income or property management.

[@GaryUSMCVET]

So more government involvement and penalities is your answer? Those penalties will get passed on to the eventual occupants.

[@Thomas63r2]

@@GaryUSMCVET MILLIONS of houses are empty just because investors are feasting off every regular person's misery. All I seek is to disincentivize the practice of investors just sitting on vacant rentable property while they ride the climb in value. This is not unique to Florida, it has been commented on in many hot markets, and it is not a new practice. It has the same effect wherever it occurs: it makes rental units even more scarce and expensive - all just so the investors may become even more fat in profits.

[@GaryUSMCVET]

@@Thomas63r2 Ok, so you don't believe in private property rights--got it. Except, you believe in your private property rights. It shouldn't matter how many houses an investor/investors sit(s) on--they own the property. Envy is a very destructive emotion. You should be thrilled to live in a country with no limits to building wealth. There are countries that practice the kind of gov't meddling you enbrace--those are not nice places to live.

[@dollycox9811]

TRUMP 2024 !!!