Is the housing market going to crash?

Рет қаралды 680,272

Your Rich BFF

Жыл бұрын

Пікірлер: 2 300

@hypeman5533 Жыл бұрын

Someone please save this and post it back on her feed in 18 months.

@PositionOfPower100 Жыл бұрын

She gone disappear by that time lol. She won't have a friend on any social media platform lol

@Sophie3647s Жыл бұрын

They been saying it will crash since 2020. Its not going to crash

@germanramirez664 Жыл бұрын

@@Sophie3647s This house in Phoenix, AZ there was a house bought around 4 months in my neighborhood for $530k put it up for sell at $556k right away and right now they have it at $420k in less than 4 months lol

@mmmd3429 Жыл бұрын

18 months? Remind her monthly about the prices dropping almost everywhere.

@jaybartgis5148 Жыл бұрын

I'll be saving your comment to post it back on your feed in 18 months when nothing happens

@matthewnelson1372 Жыл бұрын

I'm not gonna buy a house that I can't even afford, a house that sold for 250k last year is now selling for 450k. No thanks

@happy153ful Жыл бұрын

I am not going to rent a place I can't afford either.

@Bekssss Жыл бұрын

Moved in Van , happy life

@genesisansbro4936 Жыл бұрын

In my parents neighborhood! Where they bought when it was “high” before the crash at 400k. A home just sold the other day for 760k. I don’t understand how or why anyone would do that. And these are small 3-4 bedroom homes built in the 60s…

@straightdrive6192 Жыл бұрын

There are lot like this lady propagating misinformation , high time people get sue for Misinformation

@oscarsanchez9240 Жыл бұрын

Lol😂

@Susanhartman. 3 ай бұрын

Keep in mind that during the 80’s people were encouraged to save due to the interest rates. Right now there’s very little incentive to save because those who are saving are watching those who are reckless taking it in. I’ve been trying to save for a home and it’s been discouraging to watch prices continue to not budge because there’s people willing to get into a mortgage where they’re paying 40% of their income. It’s insane.

@91ScottieP 3 ай бұрын

To balance out your real estate holdings, I suggest investing in equities. If you're cautious, even the worst recessions can present fantastic buying opportunities. Additionally, volatility can produce fantastic short-term purchase and sell opportunities. This is not financial advise, but you should buy immediately away because money isn't king right now!

@mikegarvey17 3 ай бұрын

Yes I concur, I've been talking to an advisor for long now, mostly because I lack the knowledge and energy to deal with these ongoing market circumstances. I made more than $220K during this slump, demonstrating that there are more aspects of the market than the average individual is aware of. Having an investing counselor is now the best line of action, especially for those who are close to retiring.

@mariaguerrero08 3 ай бұрын

@@mikegarvey17That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?

@mikegarvey17 3 ай бұрын

'Gertrude Margaret Quinto' maintains an online presence. Just make a simple search for her name online.

@Grace.milburn 3 ай бұрын

Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.

@SophiaChristian-so2of 10 ай бұрын

I bought a house in 2021. The insurance and property taxes have doubled since then, and now costs more than I ever paid in rent in my life. I feel that I would be better off living in a studio apartment in a warehouse again and investing the money in anything else.

@JenniferDrawbridge 10 ай бұрын

i advise you to invest in stocks to balance out your real estate, Even the worst recessions offer wonderful buying opportunities in the markets if you're cautious. Volatility can also result in excellent short-term buy and sell opportunities. This is not financial advice, but buy now

@MarkFreeman-xi3rk 10 ай бұрын

You are right! I've diversified my 450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $830k in net profit across high dividend yield stocks, ETF and bonds.

@cythiahan8455 10 ай бұрын

@@MarkFreeman-xi3rk Where may one locate an experienced FA? I like the notion of employing their services, but it's terrible that recent stock market tragedies have started to happen more frequently.

@MarkFreeman-xi3rk 10 ай бұрын

I'd recommend Margaret Johnson Arndt. She is a genius when it comes to diversifying her holdings. You can verify her identity for yourself by looking her up online. She is well knowledgeable about the financial market

@AntonioBianh 10 ай бұрын

Thanks for sharing, needed this myself. I just looked her page up online and I would say she really does have an impressive background on investing

@Patrick-jx1yo Жыл бұрын

Homeowners are only “more dependable” when they’re employed. When unemployment dramatically rises, which it will, you will see housing prices drop substantially.

@missfranniepants Жыл бұрын

Exactly, and the cost of housing went up like $200k over a two year span in most major cities. So even though the rates are low, the inflated home prices/values will be underwater soon. This upcoming crash will be for a different reason - but it's absolutely coming.

@PositiveMindofMine Жыл бұрын

Yeah housing market will definately crash america is 30 trillion dollars in debt.

@Sycosoulreaver Жыл бұрын

Exactly. Did everyone forget the scamdemic?

@joesmith3590 Жыл бұрын

Unemployment won’t rise we are having the largest generation retire at the same time we are being jobs back to USA.

@freedthinker 10 ай бұрын

And jobs that don't keep up with inflation

@rsb7608 Жыл бұрын

Last time it crashed due to those 2 reasons. This time it'll crash for another reason while we are distracted looking out for the previous 2 reasons.

@iwontreplybacklol7481 Жыл бұрын

This

@robertdunn1280 Жыл бұрын

Bad loans to hedge funds

@buckbiro Жыл бұрын

Exactly.

@rosemarietolentino3218 Жыл бұрын

Unemployment will probably go up.

@joesmith3590 Жыл бұрын

Real estate has only really crashed once though lol.

@_davidturner 2 ай бұрын

I’m a new dad, I moved from Tampa to Santa Clara a few years ago and I’m thinking of purchasing a single family home there, but with real estate prices currently through the roof, is it still a good idea to buy a home or should I invest in stocks for now and just wait for a housing market correction? Looks like NVDA, TSMC and AMD are still strong buys.

@clintscott3300 2 ай бұрын

it’s a personal decision, but according to Forbes, housing activities will remain stagnant for the most part of the year, so maybe hold off a little.

@ivymaddison 2 ай бұрын

well you could put a downpayment on a home and as well diversify as much as you can into Ai and big pharm. stocks like Pfizer and JnJ.

@simone_maya 2 ай бұрын

Certain Ai companies are rumoured to be overvalued and might cause a market correction, I’d suggest you go with a managed portfolio, but even those don’t perform so well, so it’s best you reach out to a proper fiduciary to guide you, that’s what works for my spouse and I making a whooping $738k in Q4 last year.

@_davidturner 2 ай бұрын

I'm an art collector, this is not very new to me but has a nuance to it. Can you assist me? how do I find a fduciary

@simone_maya 2 ай бұрын

monica mary strigle, you'll be in luck at this time of year to have a conversation. lady is hot topic in downtown manhattan and you must not be and accredited investor. Just browse.

@dragonfoxsolid1308 Жыл бұрын

There are new factors. I make six figures but I'm not going to spend 500k on a literal shack. Things are going to crash because millennials aren't going to buy 500k homes that should be 200k

@lordmarsgaming1935 2 ай бұрын

I told my parents the same thing. They were like you make six figures just look at this house for 500k. I said mom/dad, im not buying a 500k 30yr old ranch style house in the city that needs a crap ton of work still with a 7 percent interest rate... it is insane.

@jaxonpetersen5942 2 ай бұрын

100% agree, I just got a job making 90k, and while I can afford to purchase a home, none of these shacks seem worth $300K+ (Indiana)

@dragonfoxsolid1308 2 ай бұрын

@@jaxonpetersen5942 Indiana has much better housing prices than the rest of the country is the sad fact.

@goybi7356 20 күн бұрын

@@jaxonpetersen5942I made 112k last year and will make roughly 130k this year. I can’t afford a house without sacrificing nearly 50% of my take home pay… and I won’t do it.

@kerarants3550 Күн бұрын

I definitely agree. I’m waiting or choosing an alternative route.

@PositionOfPower100 Жыл бұрын

The worst advice I ever heard. I hope your followers look at the markets and look at the past recessions before listening to this trash. Stop listening to these fools. She is telling you to buy at the peak of the market SMH

@simplysunday4766 Жыл бұрын

Worst advice.... I just hear hopium.

@berettagunowner Жыл бұрын

When did she say buy now?

@jessdedication Жыл бұрын

The peak was May 2022 people are still trying to get those prices. We are at the beginning

@lferram1647 Жыл бұрын

This is not the peak. And she never said to buy. What she’s saying is that if you’re waiting for the housing market to crash to buy, no likely. Market correction that we are seeing now are FAR from a crash. What she’s saying is true of what is happening. She’s not giving anyone any advice, she’s just stating historic and current stats and facts.

@gavel8888 11 ай бұрын

I can guarantee that what you are saying is trash and she is 100% right, The reason why housing prices are not going down this time is because big corporations like big rock are still buying them at high price. Also, inflation is a factor. The cost of renovating house 10 fold (labor, material, and so on) so if it costs you to renovate your house 100K now vs 10K 3 years ago, would you sell your house for cheap? Now, I got my house at the end of 2022 for 350K and it is estimated 410K on Zillow as of this moment. It went up from 395K to 410K for the last month. But I would never sell my house for this price. I just got a call from a big corporation and they offered 450K in cash for my house. They also wanted to offer more. But I said that I am not selling it. People like you will never get my house as I always have better buyers like big corporations. Abolishing private property is what this government is trying to achieve. Plus, the USA is now a third world country according to a recent UN report: theconversation.com/us-is-becoming-a-developing-country-on-global-rankings-that-measure-democracy-inequality-190486 And in the third world, a majority of people cannot afford housing. People should stop listening your trash. Because ignorant people like you is the reason why this country is falling so low. I bet you voted for Biden and support this useless war that got us where we are.

@bdubs8921 Жыл бұрын

Your right about the reason for the 2008 crash but there are different reasons for recessions. Homes are still being built so the number of houses will increase. With interest rates increasing, people won’t be buying homes because the interest they would have to pay to barrow money from the bank would be really high. The 2008 crash happened because the supply of houses that went on the market increased, dropping prices. What we are seeing here is a decrease in demand. It won’t be as fast as the 2008 crash, but instead a slow ride downward.

@angiew4544 Жыл бұрын

No actually a lot of builders have decreased their building.

@Metallkopf86 Жыл бұрын

@@angiew4544 No building hasn’t slowed down and with lumber prices crashing, they’ll be building like mad. However, due to the high mortgage rates, they’re no longer focusing on big homes. We’ll be seeing a lot of smaller builds going up. Regardless, prices will be tanking. Also the 2006-2008 deal was a slow train wreck. It took about 6 years for prices to bottom out.

@JoshB913 Жыл бұрын

People always say, “things are different now.” I know from personal experience in applying for a mortgage that they are not. With FHA they will approve you for a mortgage with a DTI ratio of over 50 percent. They were going to do it for me and I ended up turning it down because I knew I could not afford it. They are now giving out arm loans as well. I don’t think much has changed. History always repeats. This is a little soon but we will see.

@steveh5307 9 ай бұрын

DTI requirements have been laxed and a lot are straining their budget to get into a house. Last November, they were pushing me to take out an amount that'd have been 45% DTI. I always thought about 38% was the limit. I hear 50% these days quite commonly and that's WITH today's rates that are more than double compared to last November. And don't forget jumps in property taxes and insurance. Credit card rates are 20%+. Student loans are back in full swing. Covid era leniencies are gone. Don't just look at mortgages. Look at overall finances of a lot of people and it's MAXED out. A job loss and their whole finances will collapse within 3 months.

@bobfg3130 5 ай бұрын

Relax. Businessesmen will blow everything up. Those guys made sure everything went down in tbe 2000s. They took out loans that were backed with the houses they would buy. The houses stopped selling and they defaulted on their loans because they knew it will ONLY affect them for 7 years IF THAT. It's just math.

@bobfg3130 5 ай бұрын

@@steveh5307 The businessmen will crash the market like they did it last time, in 2008. They took out loans to buy houses and backed those loans with the houses the bought. Suddenly they couldn't sell the houses anymore or rent them because people either were buying that were dirt cheap or were moving back with their parents or moved with some relatives or something. At that point they start doing the math and figure out it's cheaper to just default even if in the following 7 years they will have a worse credit score. In fact they will be able to get a reduced interest and better terms if they negotiate even with a bad credit score because fewer people will take a loan.

@Yui789esss 4 ай бұрын

@@steveh5307 it’s been 4 months since your comment and the stock market is rallying to all time highs 😂

@OnlyPanss 2 ай бұрын

Bro! I have been saying the same thing! History repeats itself! The stock market is booming because people are spending like crazy!!! I’m holding to all the cash I have! I’ll be ready!

@WalterFelts Ай бұрын

In 2008 the housing crash was caused by default. Yes, but those defaults weren’t solely based on bad loans. It was due in large part to the greed of banks and their adjustable rate mortgages. They raised the interest rates and priced people out of the homes and caused the default. Then they foreclosed on the homes, kept the asset while the American taxpayer bailed them out.

@TheCatholicGirl 17 күн бұрын

This isn’t even remotely true

@WalterFelts 16 күн бұрын

@@TheCatholicGirl please enlighten me then? Did the banks not write adjustable rate mortgages? Did they not raise the rates as soon as the arm was over? Did they not foreclose on those homes when payments weren’t received? Did the US government not bail them out? Does the US tax payer not provide the government with the money which to spend? Which part isn’t true?

@TheCatholicGirl 16 күн бұрын

@@WalterFelts The banks have always written adjustable rate mortgages. I had an adjustable rate mortgage in the ‘90’s and the rate only went down. The banks do not raise the rates, the fed does. If you don’t pay your house will be foreclosed on and your car will be repoed. They will come and take back anything you aren’t paying on, including furniture. You’re getting closer to reality with the government bailout. The biggest thing that caused the crash was the repeal of the Glass-Steagall Act and the Obama requirement to lend to people that would not ever be able to pay the loans back or the feds would seize the banks. Those two things caused the crash. The repeal of the Glass-Steagall Act means the bank no longer holds the paper aka no consequences for bad loans. Clinton and a Democrat controlled congress did that. You have to wonder why they don’t put that back into place.

@dorjiphalam Жыл бұрын

Major layoffs, houses are over valued, housing market gonna crash soon.

@gibsonorbust Жыл бұрын

What layoffs? July jobs report was amazing. Work from home pushed a permanent change in supply. Over valued? Maybe, but the days of 40% cheaper homes is over

@dorjiphalam Жыл бұрын

@@gibsonorbust hedge funds going bankruptcy, banks on brink of bankruptcy, major sector layoff especially tech,

@dorjiphalam Жыл бұрын

Interest rate all-time high, 5-9 no one can afford that.

@keithqueen352 Жыл бұрын

@@gibsonorbust if you believe job reports, I've got beachfront property in Arizona to sell you. That, along with consumer price index are among the most manipulated pieces of propaganda in the globalist arsenal.

@nongnaphass8828 Жыл бұрын

1 month later…. And you’re right! Unstoppable Major layoffs now with housing market crashed 😂😂

@JimmyPR Жыл бұрын

She is wrong

@taylorsantoro9146 Жыл бұрын

Dead wrong

@deebrown7160 Жыл бұрын

Really? Tell us nore

@Markalike1 Жыл бұрын

I feel sorry for people who would buy now due to her advice.

@germanramirez664 Жыл бұрын

@@deebrown7160 This house in Phoenix, AZ there was a house bought around 4 months in my neighborhood for $530k put it up for sell at $556k right away and right now they have it at $420k in less than 4 months lol

@savinnou7944 Жыл бұрын

Look at all the defaults in auto loans currently, houses are next with the amount of stagflation and the current cost in lumber going down and the amount of houses being built is picking up the dillusition in the market will happen plus no turn on the federal reserve reversing on interest rates hikes . I'd beg to differ.

@Greggsberdard 4 ай бұрын

I don't see housing prices falling much until the supply is increased. In the USA we are short millions of housing units, and we aren't building nearly fast enough. People always need a place to live and we are constantly making new people. Any slight dip in prices unlocks a bunch of buyers who will gobble up that supply instantly. I want to buy inexpensive houses in 2024 and maybe invest in stocks. When's the best time to buy stocks? Some people say they make money, but others say it's risky. Any advice?

@crystalcassandra5597 4 ай бұрын

If you're new to investing or don't have much time, it's best to get advice from an expert. Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.

@Mr_Minhas 4 ай бұрын

Most of the people don't have purchasing power but still they r buying expensive property. If u look into bigger picture it's all due to FOMO after covid when ppl r going back to their jobs etc. Demand has gone high. Remember, if a rocket goes high, it will come down after sometime 😂 just wait for 1.5 - 2 yrs u will see.

@SeanLives Ай бұрын

Bots @@lolitashaniel2342

@angelica4885 6 ай бұрын

This video is a year old and she was right. I have acquaintances saying since 2020 that the housing bubble was going to burst again because of foreclosures and Airbnb restrictions. I bought my house in 2019 then in 2020 refinanced my mortgage to 2.35% I am paying $1080 for my mortgage while these acquaintances are paying $1800 for rent. I spoke with a realtor that was leaving flyers in the neighborhood. He said the only people selling homes in my neighborhood are couples going through a divorce or death from old age. Nobody is going to walk away from a low APR

@bobfg3130 5 ай бұрын

No, she's not. The prices are too high. NOBODY is buying. Companies and people bought houses to resell them at a profit. They took loans and backed those loans with the houses they bought. They will default (stop paying) on their loan. Why? It's cheaper. They did the math. They will have to lower the prices too much.

@hangguy209 4 ай бұрын

@@bobfg3130you literally didn't read a single thing the OP wrote

@ribz747 Ай бұрын

Worth noting that housing markets don't ever "crash" bcs houses are illiquid assets, so value doesn't drop overnight rather they fall gradually. She is wrong bcs the trajectory will be downwards due to affordability. People who bought in 2020 are probably intending in sitting in their homes for the long-term, which means they likely bought a house that was highly overvalued. Affordability is an even bigger issue today than in 2020 so current house prices are unsustainable.

@hangguy209 Ай бұрын

@@ribz747 you realize people who bought in 2020 are locked in the lowest rates ever? They pay less monthly than rents. You are truly delusional to think they are struggling.

@hangguy209 Ай бұрын

@@ribz747 you know 2020 rates are literally cheaper than rents today right?

@noonespecial321 Жыл бұрын

Now is the best time to buy with current interest rates and inflation at an all time high? Sorry but whoever listens to your advice will end up getting trapped in an overpriced mortgage after the recession goes full steam and thousands of homeowners will be unable to pay their living expenses. Theres much more data to look at than just housing inventory and loan approvals....

@PositionOfPower100 Жыл бұрын

Rekt

@MrRehash198d Жыл бұрын

Thank you for posting this comment, she is getting absolutely destroyed on here. So many factors are at play right now. At the very least she could admit that waiting another 6 months won’t hurt anything. It’s not like houses are going away. 😂 these same ppl existed in 2008, and they said the same exact thing before it crashed. Now I don’t think a full on crash will happen, bit definitely a correction over the next 12 months. You will see prices reduce just as fast as they went up. It’s not logical or mathematical plausible for prices to stay the same with interest rates and inflation where they are. Don’t ask a realtor on when to buy a home, the answer will always be the same, because they want a sale. 2 months ago I promise you she was saying prices will not go down for the foreseeable future. Now they are diving. Don’t take my word or anyone else’s for it, go out to these new builders and see all the incentives and price cuts they have already done.

@crazy4beatles Жыл бұрын

I didn’t hear her recommend buying now. Her thesis is that there isn’t a crash similar to 2008 coming. I agree it won’t be like 2008 but disagree that there won’t be a crash.

@outofthebox5441 11 ай бұрын

If your scared get out the kitchen. I just bought my 4th rental and all of cash flows. I had no competition with my last purchase, and no bidding wars. I bought the house 20k under. If you think the houses are going to crash then your going to be left to drown once these rates come back down becuase prices are going to head right back up!

@timdeathly 10 ай бұрын

Nothing happend and houses are up 20% more

@nathanfrickle5025 Жыл бұрын

Realtor here. For one 6 month inventory is an extreme sellers market. 3 month inventory is considered a balanced absorption rate. Call it a correction or a crash or whatever you want but prices are coming DOWN if interest rates don't. Owner occupant buyers simply can't afford these interest rates on these prices (which produce by far the highest monthly payments we've ever seen). Also, investor yield is just about at an all time low, so I can't imagine what else we could do to gut demand and cause supply to snowball. I live in South Dallas, and inventory has doubled in the last 6 weeks

@dadada396 Жыл бұрын

How long have you been a realtor? I'm curious to learn more about your market.

@nathanfrickle5025 Жыл бұрын

@dadada396 I've been a realtornfor 4 years now, and I am now a licensed broker. I do a monthly market blog, if you send me your email I can add you in.

@lolzsridz 11 ай бұрын

I am in North Dallas and would love to learn more as we are looking to purchase a larger house 🏠

@frankc.astle214 10 ай бұрын

hows the inventory now?

@hydr012 8 ай бұрын

It’s been 1 year, interest rates are even higher, and still no sign of a slow down. Prices are even higher than they were late 2022 when we purchased. Any hope for a crash in 2024 after the new year? Fingers crossed!

@vashspecter 6 ай бұрын

I think the problem now is houses being bought up by financial groups to do either Airbnb/rent out, pretty much taking them off the market. Good luck out bidding blackrock/vanguard

@mle3857 Жыл бұрын

Denial isn't just a river in Egypt.

@phillips8366 6 ай бұрын

I assume this is about all the people praying for a crash, right?

@jesse_- 2 ай бұрын

Been almost two years since she posted this and homes are still way up and rising.

@jamespeters9284 Жыл бұрын

Keep thinking that . Lol

@lorddaggerdik6663 Жыл бұрын

Says the fool that’s been waiting for the market to crash for the last 7-8 years hahahahahha keep waiting while the rest of us buy and flip

@ShulaTheDon13 Жыл бұрын

@@lorddaggerdik6663 you’re not buying shit lol 😂

@timdeathly 10 ай бұрын

Nothing happend

@UrbanMatts 7 ай бұрын

@@lorddaggerdik6663 cope harder our time is coming bud

@cia9421 7 ай бұрын

@@UrbanMattsyou’re still waiting for a crash? Lol

@mantexas9033 Жыл бұрын

"This time it's different." Uh huh

@bisonfan715 Жыл бұрын

Everytime will be different. That's how it works

@LordKalerran Жыл бұрын

Because it is. Sorry Tommy Jr, but a crash like 2008 isn’t gonna happen again. You were born way too late

@MrMustang13 Жыл бұрын

I mean it’s 3 years past Covid now and houses are still at least 100k more than they were a couple years ago. It’s not going to collapse, it may drop but it won’t collapse.

@hydr012 8 ай бұрын

@Yui789esss 4 ай бұрын

And now a year later ? What you gotta say?

@TranscendingNormal 3 ай бұрын

I think the take away message is this- if you can afford to buy a home (you have savings, emergency savings, good credit, low debts) and you find a house with a payment that is within your budget, DON’T WAIT on a crash. If I had waited for a crash back in 2020 when I first started to think about buying a house, I never would have gotten my home. I’m priced out of my area today, and my home would have cost me double what I paid for it with interest and price increases today. Sadly, that’s the way it seems to be going everywhere. The longer you wait, the more you risk not owning a home at all. So, buy when you’re ready, not when the market is

@harryknuckles3667 Жыл бұрын

Rich people don’t buy houses for the asking price, especially overpriced 20%-30% more. Rich BFF sounds hella SUS rich people don’t have to tell everyone .

@keithqueen352 Жыл бұрын

harry knuckles well, I know a guy personally that was offered 30% more than his asking price by Blackstone.

@hydr012 8 ай бұрын

@missnfun Жыл бұрын

I would love to agree unfortunately the mortgage cant be paid if there is a loss of employment and with inflation the writing is on the wall. Sorry Vivian but you got it wrong this time.

@YourRichBFF Жыл бұрын

So what are your thoughts that a lot more of the market is not institutional money so loss of employment won’t really impact them making payments? I’m always happy to chat through differing opinions (as long as everyone is respectful and nota troll lol)! You very well could be right. Lots of investors/realestate professionals/economists are divided!

@missnfun Жыл бұрын

@@YourRichBFF I'm no professional here😌but based on history most booms in a market lead to a crash unfortunately. The markets are really uncertain now and I think that alot of jobs may be lost and although there may be more job openings available I question if the pay would be enough to makes ends meat including paying a mortgage.

@missnfun Жыл бұрын

@@YourRichBFF congrats on your future nuptials 💞

@MrRehash198d Жыл бұрын

@@YourRichBFF it’s not about trolling, you are giving ppl extremely damaging advice. The market isn’t in total free fall, but it’s definitely not stable. Prices are dropping and builders are trying to stop the bleeding with wild incentives. You can’t give a honest answer to prices vs average income. Prices will not keep going up like they did during the pandemic. That was 100% artificially grown with 3% interest rates and tons of cash pushed into the system. Wages have only gone down if inflation is at 9%. Look at the numbers on credit card debt right now, it’s honestly scary. I’m not trying to be rude or a troll, it’s just mind boggling that someone would put a smile on their face and say these things. Idk if it’s for clicks or what… lucky I can see ppl are actually paying attention to the situation.

@missnfun Жыл бұрын

@@MrRehash198d totally agree! Well put!

@LadyAngela678 Жыл бұрын

Theres hundreds of thousands of homes being built where I live, so I have to beg to differ. I give it 3 years max.

@staceyharrison5158 19 күн бұрын

Market is already crashing in some areas. Homes are being reduced 20%+ in some cases and sub prime loans with 0% down have made a return. Only a matter of time before we enter a recession.

@ThorMaximus Жыл бұрын

There’s a lot more to 2008 than she has a clue about.

@retireelife0 10 ай бұрын

this is what happens when kids think they know everything just because they get their answers on tiktok

@Yui789esss 4 ай бұрын

@@retireelife0like what ? Predatory lending was the biggest reason

@rawa7417 Жыл бұрын

The crash this time won't be for the same reason as 08 but there will be a crash. "Responsible homeowners" have piled HELOC debt. All it needs is a recession that will cause mass layoffs. Of course we are not in a recession according to officials.

@Aristocratic13 Жыл бұрын

What is HELOC debt?

@katrinat6314 Жыл бұрын

@@Aristocratic13 HELOC= Home equity line of credit

@dadada396 Жыл бұрын

Yeah "officials" keep changing the definition of recession lol

@MsMusiqueManiaque Жыл бұрын

Well we are now

@fahmidamiah 11 ай бұрын

Of course, homeowners want to believe that there will never be a crash in human history ever again. And convincing people of this on social media just helps with the FOMO that majorly helps to inflate the prices further on their homes. The reality is: There is a global housing bubble.

@CaliforniaGirl1 7 ай бұрын

California's market will never crash. There is an inventory shortage.

@Jerese397 Жыл бұрын

Can we PLEASE talk more about this? The housing market is going to crash as we go further and further into recession. We are seeing consumers spend less money on goods. Less money on goods equates to less items being purchased by manufacturers which results in less products being sold in stores. The less places sell, the lower the profits. Lower profits and less work leads to layoffs. Layoffs lead to people not being able to pay bills which of course leads people to cutting cost as much as possible.

@hydr012 8 ай бұрын

@JaggedMercenary 7 ай бұрын

@@hydr012 I came here exactly to say this. Prices are literally exploding in Europe too. We'll try to buy in 2024 anyway, cos there's not going to be a crash anytime soon anyway.

@phillips8366 6 ай бұрын

Exactly @MalibaMakasi… house prices seem high because everything seems high.

@bobfg3130 5 ай бұрын

It will crash when people stop buying. Fewer and fewer are buying.

@bobfg3130 5 ай бұрын

@@phillips8366 Prices ARE HIGH.

@christopherrivera905 Жыл бұрын

This will not age well. 😂

@HeatherHanderson Жыл бұрын

What crash??

@9492nino 10 ай бұрын

Your still waiting a year Later and they have only kept going up lmao

@christopherrivera905 9 ай бұрын

@@9492nino bruh 😂 shits nuts.

@jesse_- 9 ай бұрын

It’s over a year, and she’s has been spot on thus far. Home prices are predicted to continue rising. There’s were a lot of people a year a two ago saying the housing market was going to crash, but basis economics paints a different picture. Under what basis did you believe the housing market was going to crash? This is like the late 1970s/1980s, where home prices increased significantly, and they never went down.

@Coffeendonuts 6 ай бұрын

Here we are almost two years later and house prices have gone up

@23695angel 9 ай бұрын

Buying a house of 480K and payments of $4k monthly?..😢..no thanks

@roastboi5361 Жыл бұрын

Sometimes the rich BFF ain't always the most intelligent 😐

@kickboxer8173 Жыл бұрын

i looked at my zillow feed. just in my immediate location. last month there was only one home for sale. now there is a dozen. this is my personal data.

@lani6700 Жыл бұрын

Same here! I still get Zillow emails despite buying a home last year just for fun. The supply for the past six months has been incredibly tight and way overpriced (fixer uppers with no working bathroom going for a third over what I paid for a beautifully maintained Victorian) now I'm seeing about 5x the options and only about 1/5 over what I paid for something comparable. I think the trend will continue downward, but I'm very lucky to have gotten a good deal and good rates whereas new buyers are maybe gonna get a good deal but I'm seeing double the rate I scored

@kickboxer8173 Жыл бұрын

@@lani6700 smart move.

@kickboxer8173 Жыл бұрын

10 to 50 k drop in my area now.

@hydr012 8 ай бұрын

@simplysunday4766 Жыл бұрын

"But things are different now.." hahahaha you are right. It's an everything bubble. It's gonna be worse...

@michaellong2439 10 ай бұрын

that doesnt seem to be the case

@hsiang4236 8 ай бұрын

18 months later lol still no crash. keep waiting until 2030. it'll crash by 2030 for sure

@michaellong2439 8 ай бұрын

@@hsiang4236 nono, he meant the nExt 6 months, just wait

@hsiang4236 8 ай бұрын

@@michaellong2439 got it lol how stupid of me to think the housing market won’t crash

@hydr012 8 ай бұрын

@deilylyrret 11 ай бұрын

It's kind of fucked up to wait for a bunch of people to have their houses forclosed and get kicked out so that others can now have a house. The whole system is fucked.

@michaelbananas461 10 ай бұрын

Homeowners have seen their equity explode and those on the sidelines have been priced out. Housing was never supposed to be a speculative asset, but making it so forces these resentments...

@Leopold284 6 ай бұрын

Also don't forget that less homes were built due to the pandemic so the demand is still there

@markjamison9677 Жыл бұрын

I can’t believe she actually said all that with a straight face . For sure she sells Realestate .

@hydr012 8 ай бұрын

@jesse_- 2 ай бұрын

22 months later at she was not only right, but homes are still going up!

@bradburdett4491 Жыл бұрын

Yes bubbles just go up forever. This is what history shows

@jaybartgis5148 Жыл бұрын

History shows there has never been a crash in US History with the one time exception of 08 do to very specific reasons that have nothing to do with today's climate

@jaybartgis5148 Жыл бұрын

@@blakejohnson3864 name one single time other than 2008 (which was not caused by investor speculation) the housing market crashed.

@jaybartgis5148 Жыл бұрын

@@blakejohnson3864 your claims that housing crashes up and down is just plain wrong and just factually incorrect. There is zero evidence to support this. And if disagree, then show me actual proof. I'm no speculator and I'm 100% rooting for first time buyers and the middle class. But you must understand the misconceived notions that doing nothing and waiting is somehow mitigating risk.

@MsMusiqueManiaque Жыл бұрын

@@jaybartgis5148 and Covid is not a specific reason? Did we ever had a pandemic before, that influenced the economy and society en masse? We’re looking at unprecedented effects now.

@MsMusiqueManiaque Жыл бұрын

@@jaybartgis5148 1929. That’s one. 1980, another one. Go figure.

@anthonybrown4315 Жыл бұрын

This is aging very well

@BetrayaloftheBody Жыл бұрын

I worked in mortgage prior to the first crash and I keep telling people this. They think the rising prices is just like prior to the crash but the reasoning for it is totally different so the end result will be as well

@98godofwar Жыл бұрын

Australia already down 40% and uk and US markets already showing signs of weakness ... Irresponsible to put something like this out on KZbin without even a warning that your info could be wrong. You could be screwing over people's LIVES with your videos. Please reflect on yourself and weather tour views are worth ruining lives

@rawa7417 Жыл бұрын

Canada is down an average of $50k/month since February

@gglen2141 Жыл бұрын

Australia is down 40% in certain wildly overinflated markets. Looking at you Sydney.

@dkg_gdk Жыл бұрын

You are the responsible one? At least we know her name, who the hell are you?

@mrLoftladder Жыл бұрын

"Its different this time" lol, pmsl

@ciscoventura 10 ай бұрын

This aged like fine wine 🍷 😊 Definitely 💯 on point There still is no crash 1 year later because everyone wants a home now

@mg-by7uu 8 ай бұрын

From 2008-2012 national prices went down 25%. In the last year they went down 13%. Not counting stealth price cuts aka "rate buy downs" and "5% towards closing costs". You aren't noticing the crash because they're distracting you with lies, getting creative with their price cuts, and hiding tens if not hundreds of millions of finished homes off market

@xianx1866 5 ай бұрын

@@mg-by7uu2023 went up 3 percent nationally. What are you talking about 😂

@CrazyDealsandSteals 11 ай бұрын

I want to sell and buy a larger property. I have a decent amount of equity in my home, BUT right now I have a 2.7% interest rate. And that’s not possible to attain in todays market. So….I’m stuck where I am I guess

@lochmoigh1 Жыл бұрын

Tell me you dont understand the real estate market without telling me.

@matthewmazur9579 Жыл бұрын

That's a straight up lie. Why have 8 of my coworkers lose their house to foreclosure. All of these influencers need to stop listening to Dave Ramsey when the man has been burned twice in the market and says the same stuff.

@joaquinperez8714 Жыл бұрын

Because they are stupid and can’t manage their finances😂😂

@Yui789esss 4 ай бұрын

what country are you ? …. I monitor the real estate around my area and seen thousands of houses and maybe 1 or 2 foreclosures due to foundation issues 😂

@matthewmazur9579 4 ай бұрын

@@Yui789esss central Texas. Last 8 month house listed on the market went from 460 homes to 1,380. Price cuts everywhere.

@jacobhanson1047 Жыл бұрын

I saw a house drop 50k 😂 470k to 420k. Most listings I see have dropped 5-15k this month.

@joaquinperez8714 Жыл бұрын

How bout now ?😂

@hydr012 8 ай бұрын

@HollowGTX 3 ай бұрын

Nope it wont crash ever @@hydr012

@DJMatBlack83 11 ай бұрын

I’m betting she was about 9 years old in 2008….housing prices will fall and in fact they MUST!

@jesse_- 2 ай бұрын

It’s been about 22 months since she posted this, and she was correct. Home prices nation wide are up 6.4% this year, and in my area they are up almost 10%. Not enough supply and a ton of demand.

@NicholasBall130 6 күн бұрын

I've been watching the housing market closely, Prices have been skyrocketing for years. It's going to be tough for first-time buyers to enter the market." how can one diversify $280k reserve .

@cowell621 6 күн бұрын

I agree, It's not just the prices, but also the increasing interest rates that are making it more difficult for people to afford homes. With a good FA you can make up your portfolio.

@StocksWolf752 6 күн бұрын

Accurate asset allocation is crucial. Some use hedging or defensive assets in their portfolio for market downturns. Seeking financial advice is vital. This approach has kept me financially secure for over five years, with a return on investment of nearly $1 million.

@FarrahBaker467 6 күн бұрын

Mind if I ask you to recommend this particular coach you using their service?

@StocksWolf752 6 күн бұрын

Sonya Lee Mitchell maintains an online presence that can be easily found through a simple search of her name on the internet.

@jayrodriguez335 Жыл бұрын

When it hits the fan you better do a rebuttal

@hydr012 8 ай бұрын

@Kurplode Жыл бұрын

The main concern is the fact that we had this insane demand and unnatural increase in housing prices for two years straight because if you didn’t overpay, you didn’t stand a chance. Demand is what kept the prices up and stable for these two years. If demand is the cause and you kill it, you kill the foundation for big increases. It’s either going to be a slow painful little to no equity gain for a long time while wages catch up, or it’s going to be slow downhill in prices which is what I’m seeing right now. And that’s with the low end (starter hones) almost non-existent. So you know that’s a bad sign.

@XalexandraXRrR Жыл бұрын

I wonder, who were people who have been buying the last couple of years… it simply seems like stupid logic, no matter how I twisted the numbers, it made absolutely no sense to invest in real estate.

@Kurplode Жыл бұрын

@@XalexandraXRrR it’s funny coming back to this now. We’re on a year over year price decline which is quite the opposite of this video, lol

@jaygrollman8856 Жыл бұрын

Good points, but I think many people are waiting for interest rates to go down.

@BruceWayne-sh4nb Жыл бұрын

She's wrong.. prices are Literally dropping on a weekly and daily basis.. My advice is to track the prices of homes in your area ever week to see if prices are dropping. Also, people will default on their loans due to inflation on EVERYTHING and stagnant wages.. she is incorrect in her assessments, leading me to believe she must have some sort of invested interest in getting people to disregard the potential for a crash and instead to go out and buy a house..

@CarlosSanchez-dp9nz Жыл бұрын

Lumber pricing finally coming down. When the lumber, steel, and other raw material prices become stable The builders will start increasing supply of homes bringing price down. It’s a buyers market right now by the way people.

@pimpogrenudo1 Жыл бұрын

Brilliant. Everyone is an expert now.

@hydr012 8 ай бұрын

@thesoccertrotter1 Жыл бұрын

This girl has 0 facts

@docej3025 Жыл бұрын

CURRENT HOUSING PRICES DROPPING IS DUE TO THE HOUSES BEING OVERPRICED TO BEGIN WITH. A LOT OF THESE SELLERS GOT INTO THE MARKET ON THE TAIL END OF THE BUYING FRENZY WHEN BUYERS WERE GETTING 40 YEAR MORTGAGES AND NO HOME INSPECTIONS. THESE LATE COMERS MISSED THE CRAZY. TODAY'S PRICES ARE DRIVEN BY CHASING PRICES THAT EXISTED DURING THE FRENZY. NOW THAT'S OVER... PRICES ARE COMING DOWN EVEN THOUGH THERE IS STILL A SHORTAGE OF HOMES FOR SALE.

@happy153ful Жыл бұрын

I think real estate investors are currently the irresponsible borrowers this time around. With rent hicks so high who are going to rent these houses now. Homelessness will hit new highs first but give it some time and the slow bleed will start.

@darrellbrown8165 Жыл бұрын

You're wrong.

@LordKalerran Жыл бұрын

Apparently she was right. There was a small housing price correction but no crash.

@darrellbrown8165 Жыл бұрын

@@LordKalerran Only an idiot will think this over, it's just getting started.

@hydr012 8 ай бұрын

@jesse_- 2 ай бұрын

Was she? It’s been 22 months and home prices are still rising.

@darrellbrown8165 2 ай бұрын

@@jesse_- Yes, pay attention to national data, the prices in some markets, and the days sitting for sale have begun to extend. It doesn't happen overnight, not to mention them monkeying around with interest rates.

@jimmydaddo9357 8 ай бұрын

I feel she got this one just wrong. The only thing keeping houses up is huge companies buys homes.

@ramandeepsingh6622 9 ай бұрын

unemployment can cause the whole market to shift..and game will be over!!

@Daddy-ci6jb Жыл бұрын

This ain’t gonna age well🤣

@LordKalerran Жыл бұрын

Still waiting for that crash? Your comment has aged like milk my dude

@MsMusiqueManiaque Жыл бұрын

@@LordKalerran didn’t the feds announce inevitable recession yesterday? Chug that milk.

@themoneydownloader1247 Жыл бұрын

Is it aging well? Or you want to wait another year and see how that goes for you? 😂

@xianx1866 7 ай бұрын

it’s been a year man.. any crash yet?! 😂

@Drando1989 7 ай бұрын

You don’t know how the economy works so why comment? And be wrong?

@irony11 Жыл бұрын

More inaccurate information. Please don't post information unless it is fully researched. Opinions do not matter, facts do. If people stopped caring about popularity (clicks), and money (monetization) and had morals, integrity, and ethics the world would be much better.

@hydr012 8 ай бұрын

@phillips8366 6 ай бұрын

I’m fascinated by the psychology here. Presented with convincing data that there isn’t enough supply to meet demand, TONS of people skewered this girl for claiming that prices weren’t going to crash. 18 months later, they haven’t crashed. With interest rates coming back down in 2024, we’re going to see prices go through the roof again. I don’t know much, though. I’m only a full time real estate appraiser who gets paid to analyze markets all day

@irony11 6 ай бұрын

@@phillips8366 [They] say they will think about reducing rates. Until it actually happens it is not a guarantee. If people have paid attention, historically, to the patterns they will be able to see where we are comparatively to 2008 and even the great depression. Where does one look to see what is to come? Look at the financial data from around the world & again compare to what has happened in history. There is your convincing data. History tends to repeat itself when people do not learn from it (and remember it) the first time.

@irony11 6 ай бұрын

@@hydr012 I will watch with you.

@steel2stone Жыл бұрын

I started to buy a house last year. Then i saw the prices. I was approved for a much higher priced home than i could reasonably afford. This is common now. Using overtime and part time jobs that allow buyers to artificially raise their income for approval. Secondly they still lending to people with less than desirable credit. Loan officers work off commissions. Theyll do anything to get you approved. Because they get paid whether you make your mortgage payments or not. Especially in this market where most arent buying. Trust me theres some shit loans going out.

@cassieshaffer8613 Жыл бұрын

This all depends in what City and State you live in. Small town in Ohio here and people are defaulting very quickly here due to low paying jobs, gas and food prices and increases in rent. So not all information is limited to your specific City.

@jimmyvillegas2172 Жыл бұрын

I've been seeing the "crash is here" & "the bubble has popped" 30+ times in the last 8 months lol.

@unknowndriver6652 Жыл бұрын

At this point its annoying 😒

@Metallkopf86 Жыл бұрын

Things peaked 2005 to 2006. The real crash happened in 2008. Prices didn’t bottom until 2011 or 2012 I believe…. Then 5 years to rebound to previous prices. I believe it was a 10.7 year total. If you’re basing it off 8 months? In the last big crash it was down 1.9% in a year. We’re at 3.7% in 5 months. You have no idea of the fine line we’re walking. The politicians in charge are in over their heads. It’s going to get baaaad. If you think otherwise then you can’t fix that kind of stupid… also important to mention. In the 08’ crash, home owners financials were in the orange. Signifying they couldn’t afford their home hence the foreclosures leading to the high supply. We’re now in the red, never been here before and this gals over-simplistic analysis is mind numbing.

@frankheatt Жыл бұрын

Fun fact, you usually can’t mess up investing in real estate but the housing values at least in CA has gone up 40% in the last 12 months……..12 MONTHS. That means that if you buy now, you are buying a depreciating asset as all the appreciation has already happened. Most ppl are also buying these homes with 3.5-5% down with astronomical mortgages on homes that are 600k+ and you can’t forget Mello Roos for these newer communities that on average adds another 100k over the life of a 30 year mortgage, yes this sounds full proof, definitely no collapse happening. Happy house hunting!

@emilybudnichuk5690 Жыл бұрын

Girl it's going to be worse than 2008.....

@jennifercordova7026 Жыл бұрын

She's definitely not taking into consideration the fact that I now have to refinance my home just to barely be able to afford eggs, bacon and gasoline.

@kimberlymartin459 Жыл бұрын

You need to visit your food banks and hold off on the refi...

@hydr012 8 ай бұрын

@tonimillersmith1009 Жыл бұрын

Definitely can't maintain the current market. We won't have a 2008 like crash, but we will have a shake up for sure.

@deenoverdunya06 Жыл бұрын

Not a significant one, however. Sure, the market will correct itself - on a good day, home prices will drop 10 to 15% - but demand will still out pace supply, like, by alot. Four million homes will have to be built to keep up with demand and considering how there has been a prevalent desire for homeownership amongst millennials (or everyone), there is no way of telling how wide this gap will get. People don't want to rent anymore, people want equity.

@Cali415 Жыл бұрын

@@deenoverdunya06 if we’re in a recession, demand will NOT be there. So if inventory goes up and there’s no demand, prices will surely fall dramatically.

@toddspangler6669 Жыл бұрын

Interest rates rising from 2s to 5s+ are one of the driving forces that is causing demand to go down. With low demand comes more price reductions, less to no bid wars, houses staying on the market longer = rising inventory. Rising inventory will eventually lead to sold prices going lower than the last couple years = normal and if it keeps going like this for the next 6-12 months, a buyers market.

@MrRehash198d Жыл бұрын

@@deenoverdunya06 I respectfully disagree, prices will have to come down to pre pandemic levels to be affordable at the new rates. Wages are not keeping up with the inflation rate. The next few months are going to really show what the debt bubble can do to an economy. Those jobs our president keeps talking about are low wage non career gigs. A lot of hard working individuals are working two jobs now just to keep up. That’s why ppl are fearing a crash because once the cash dries up the jobs will also. Nobody is a fortune teller and I hope I’m wrong, just doesn’t look that way. Sadly…

@germanramirez664 Жыл бұрын

@@deenoverdunya06 10-15%? Lol This house in Phoenix, AZ there was a house bought around 4 months in my neighborhood for $530k put it up for sell at $556k right away and right now they have it at $420k in less than 4 months lol that’s more than 15%

@JustNo8808 8 ай бұрын

The difference between someone with a 600 and 800 credit score is someone who has a job and someone who just lost their job.

@davidorellana6278 10 ай бұрын

Rates going up , people losing their jobs , inflation climbing back up , dollar losing value … no people will still be afford to keep up with their expensive mortgages.. nothing to see here

@ReeLSpirit 10 ай бұрын

If dollar loses value, means housing prices will shoot up as people try to get rid of their worthless dollars for better asset. Wtf you smoking

@Dowhatsright99 Жыл бұрын

Yeah, let’s totally ignore that we just entered a recession and companies have already started laying people off. Most people can’t pay their mortgage without a job

@DJR5280 Жыл бұрын

Or the fact that inflation is at the highest levels we've seen in decades in ALL sectors

@kenaultman7499 Жыл бұрын

Foreclosures now up 700%.

@hydr012 8 ай бұрын

@lenemoyn5675 3 ай бұрын

I can't, I'm absolutely DYING at the comments saying you're wrong only for it to be now 2024 and still no crash! What a surprise! 😂

@rtj2397 3 ай бұрын

If this continues, it will crash before 2030

@RickyTPB4L 3 ай бұрын

Well if you actually paid attention you'd notice that the economy is being propped up by more and more spending essentially delaying the inevitable. They don't want this to happen before any election. Everyone's broke and mortgages have doubled and people are living off credit more than ever.

@philprovenzale6484 5 ай бұрын

History always repeats itself. Inventory is soaring...it's just a matter of time.

@hangguy209 4 ай бұрын

History repeats itself? Actually, the banks learned from history. You don't get to get a loan without 2 years of W-2 and paystubs to justify whatever you are asking for.

@jcasey2309 10 ай бұрын

Crash, no… slow decline in prices and interest rates, YES. It’s already happening. Look at Zillow’s revenue for 2023 so far and what the CEO has to say about this. Literally seeing houses all around (myself included) pulling out of selling because these prices coupled with the current rates are not worth it unless you’re completely careless. Supply and demand, so when enough people become wise enough to stop buying selling their pre-2020 homes, prices will have to come down some and then the rates will follow.

@JB.1234 Жыл бұрын

This video isnt gonna age well. Lol this lady thinks prices will keep rising or even stay this high forever. Must not know that markets go up and DOWN. Lol

@danyto Жыл бұрын

I watched the video, she didn't say prices will continue to rise! You just need to know the difference between a crash and a correction. -30% in this market is a correction not a crash!

@hydr012 8 ай бұрын

@jesse_- 2 ай бұрын

She posted this video almost two years ago and homes prices are still soaring. It’s economics 101. So many people were so rude to me when I told them it wasn’t going to crash. It’s like they were angry with me.

@DJR5280 Жыл бұрын

Your problem like so many others is you keep comparing this to 2008. The same storm that caused 2008 isn't going to cause this downturn.

@bisonfan715 Жыл бұрын

This starts with the Airbnb mania collapsing and suddenly all these investment homes have to be sold or foreclosed on. I say that's a good thing. Screw Airbnb

@hydr012 8 ай бұрын

@Octobersky7 4 ай бұрын

Crazy stuff the average monthly mortgage is now over 3k which is roughly 52 percent of peoples average income. If the housing market doesnt crash the whole economy will have to correct itself somehow. Its not sustainable.

@marveliciousgoku4343 Ай бұрын

Just wanna let you know there is more than 1 reason Housing market Crashes..... it does not have to be the same reason every single time a crash happens 😅😅😅😅😅

@adnan_velic Жыл бұрын

Her argument here is flawed. She’s using 1 event that happened in 2008 to justify her point when in reality the housing market is much more complicated than that. We are in bad shape economically with inflation through the roof on virtually everything being sold yet income has not increased to keep up with inflation. We can point to 2008 and understand what triggered the bubble to pop in 2022-2023 it will be a combination of things.

@Cosmos-ze1oz 10 ай бұрын

She is lying to make money period!

@mrgerbeck Жыл бұрын

7% interest rate + destroyed cap rates... and we're already in a crash

@JayZx777 Жыл бұрын

Great Depression 2.0 is upon us, it does not take much to ruin those credit scores with high unemployment.

@ki641 Жыл бұрын

But, it’s different this time 🤡🤡🤡

@hydr012 8 ай бұрын

@Jameskalfman-vg6tn 3 ай бұрын

*I bought Bitcoin back in 2015 it was worth $359. I invested $10,000 and had 28 bitcoins. I sold everything when it hit $71,000.*

@Jameskalfman-vg6tn 3 ай бұрын

@Zacksullivan984 hell yeah

@Dianashehee 3 ай бұрын

Wow

@Jameskalfman-vg6tn 3 ай бұрын

I really can't take all the credit though

@Jameskalfman-vg6tn 3 ай бұрын

This is all thanks to Ms ‘ she is my inves tment coach

@Ann_palmer532 3 ай бұрын

I recently started trading in the winter, invested 50k with h e r and my portfolio is currently worth slightly over 170k. That's alot more than I make annually from my job.

@Corkfish1 11 ай бұрын

Woman is completely ignorant of the 1980s real estate bubble that basically contributed to most of the S&Ls in the country going belly up. 2008 was not a one off dear.

@acemany1126 Жыл бұрын

The Chinese think they know it all...with their secret satellite

@matturner7763 Жыл бұрын

It's only to take her 3 months to realize the truth

@kristymarques8975 Жыл бұрын

3 months? No crash

@matturner7763 Жыл бұрын

@@kristymarques8975 it's crashing today.

@Lumpia_In_Texas 10 ай бұрын

@@matturner7763literally no crash

@hydr012 8 ай бұрын

@matturner7763 8 ай бұрын

@hydr012 how's the weather on the planet your on ?

@cjstock5978 Жыл бұрын

My city is down 14 percent from peak in 7 months…. It’s not a crash though right 😂😂

@ClientFlow 19 күн бұрын

Wall Street was the last to know that the crash was happening 2008. Those who live it every day knew.

@duanesmith1388 9 ай бұрын

This is rich. Some of these comments are almost a year old so I assume the video is just as old. So you were wrong and the correction isn't even finished. Housing market is already down 11% nationwide. Corporations are leaving the housing market because they can't reap rental or AirBnB profits like they thought they would. Selling is slowly becoming more competitive. The Fed has stated they WANT housing and rental prices down and you're telling me that they're lying? This video is a real hot take.

@danyrizk9878 Жыл бұрын

This woman is so out of it. That, THATS what's scary

@phillips8366 6 ай бұрын

I’m genuinely curious: how do you feel about this comment now?

@Yui789esss 4 ай бұрын

@@phillips8366 I guess no response from the OP 😂

@gloriamiller7504 Жыл бұрын

Your in for a rude awakening.

@hydr012 8 ай бұрын

@YogiTD 6 ай бұрын

Fund will start to sell at higher prices before government mandates them. This will cause crash

@jameslocklear5298 6 ай бұрын

Delousional 😂😂😂

@DogWater2011 Жыл бұрын

🤣😂😂🤣 I'll be back in a year

@hydr012 8 ай бұрын

@philipk8314 Жыл бұрын

Lol this won't age well. Let's make her famous!

@hydr012 8 ай бұрын

@philipk8314 8 ай бұрын

@hydr012 We shall see. I don't see how first time home buyers are gonna keep these houses they bought last year. They are definitely chained to them now.

@hydr012 8 ай бұрын

@@philipk8314 exactly I don't think they will! most people can't keep a job for more than a couple years and don't know squat about saving money! hopefully that frees up supply!

@Yui789esss 4 ай бұрын

@@philipk8314I bought my first house in 2021, 2.5% interest rates, $15k in government grant for first time buyers and I get to write off mortgage interest from my taxes …. Doing really well and I know 5 other people my age that bought for the first time as well and they are doing well and don’t regret buying their houses

@valerielowe8637 6 ай бұрын

The housing market won't crash anytime soon. Mortgage duration will increase from 30 to 40 or 50 years, maybe more, allowing lower mortgage payments. Insurance and taxes will will increase. But the fundamentals of housing market are solid... Commercial real estate may crash. WFH and shop from home changed the demand for commercial real estate