Housing Market Crash 2024: Let's Be Very Honest

The 2020 Housing Bubble, The 2021, housing market collapse, The 2022 Housing Market Apolocypse, The 2023 Housing Market Implosion, and The 2024 Housing Market Meltdown. All of those are titles of videos made by various KZbinrs including myself over the past four years, but the reality of the housing market in the US has been very different. Instead of crashing, the markets have only gone up. In fact, according to the infamous Case-Shiller Index home prices in the United States have increased by 42% since January 2020. This video isn't about excuses but rather the reality, and addressing the various problems that plagued all these predictions over the past four years. To begin we first need to take a step back and understand some history.
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[@richardhudson1243]

I'm hoping there will be a housing crisis so I can buy cheaply when I sell a few houses in 2025. As a backup plan, I've been thinking about purchasing stocks. What advice do you have for choosing the best buying time? On the one hand, I continue to read and see trading earnings of over $500k each week. On the other side, I keep hearing that the market is out of control and experiencing a dead cat bounce. Why does this happen?

[@LUCIASMITH-d1z]

Investing in real estate and stocks might be a wise choice, particularly if you have a sound trading plan that can get you through profitable days.

[@JacobsErick-u8r]

You're not doing anything wrong; you simply lack the expertise necessary to make money in a bad market. In these difficult circumstances, only really skilled experts who were forced to witness the 2008 financial crisis could expect to generate a large wage.

[@winifred-k9e]

Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that help

[@JacobsErick-u8r]

credits to 'Melissa Terri Swayne' one of the best portfolio managers out there. she’s well known, you should look her up

[@maiadazz]

I just Googled her name and her website came up right away. It looks interesting so far. I'm going to send a mail to her and let you know how it goes.Thanks for sharing truly!

[@Peterl4290]

I'm in Michigan, and the housing market here over the past 7-8 years has been unprecedented. Houses that were purchased for $130K in 2015 are now going for $590K. These are tiny, poorly constructed 950-square-foot homes in quiet, mediocre neighborhoods. Meanwhile, nicer, average-sized homes in better neighborhoods that were over $300K a decade ago are now selling for $750K+. It's wild.

[@larrypaul-cw9nk]

A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!

[@Mrshuster]

I've been in touch with a financial advisor ever since I started my business. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.

[@sabastinenoah]

bravo! I appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?

[@Mrshuster]

The decision on when to pick an Adviser is a very personal one. I take guidance from Vivian Carol Gioia to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.

[@sabastinenoah]

I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.

[@Helen_white1]

I moved from Tampa to Santa Clara a few months 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, TSM and AMD and AVGO are strong buys this week.

[@Theodorebarba]

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.

[@Kin-28-8]

IMO, de-risk your portfolios, shore up your core holdings, and take some profits while rebalancing your portfolio. A few stuffs I learned from my advisor and straight up! I've gained over $700k more within 3 years of financial advice than 8 years of self-directed investing.

[@Lewistonwilliams-f5i]

congrats! this is definitely considerable, does your advisor work with foreigners? i'm in dire need of proper asset allocation

[@Kin-28-8]

Absolutely, Jessica Lee Horst is the FA I use. Just google the name. You’d find necessary details to work with and set up an appointment. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.

[@DhanaPayar]

I find this informative, curiously explored Jessica on the web, spotted her consulting page, and was able to schedule a call session with her, she shows quite a great deal of expertise from her resume.. very much appreciated

[@HarryPotterFan1307]

People have no money. Debt is at its highest level ever. Real wages have decreased. Inflation has eaten 25% of Americans purchasing power since 2020. Home prices are up 40-60%. And people think home prices won’t correct????

[@markme4]

Something has to give absolutely

[@kevinnguyen8552]

The feds will just print more money. The copium is real with you non home owners.

[@hcel5075]

YTers have been predicting a housing market crash every year since 2017.. coming up on being a decade early.. some of us early retired while you're still watching doom n gloom videos 😂

[@kalef1234]

Once they all capitulate and face the fact that it won't crash then it will begin correcting.

[@DearSX]

I know a lot people with wages up 25% in the last few years including both me, my wife and several friends both blue collar and white collar workers. I agree though, home prices went up even faster.

[@austinbar]

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

[@rogerwheelers4322]

Considering the present situation, diversifying by shifting investments from real estate to financial markets or gold is recommended, despite potential future home price drops. Given prevailing mortgage rates and economic uncertainty, this move is prudent, particularly due to stricter mortgage regulations. Seeking advice from a knowledgeable independent financial advisor is advisable for those seeking guidance.

[@joshbarney114]

I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.

[@FabioOdelega876]

I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?

[@joshbarney114]

Finding financial advisors like Marisa Breton Dollard who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

[@FabioOdelega876]

I greatly appreciate it. I'm fortunate to have come upon your message because investing greatly fascinates me. I'll look Marisa Breton Dollard up and send her a message. You've truly motivated me. God's blessings on you.

[@Aron-r3m]

Economics have been sounding off on just how bad they think the next downturn might be. I need ideas and advice on what investments to make to set myself up for retirement

[@Garrett-lo6pu]

The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.

[@Muller-o4d]

Very true , I diversified my $400K portfolio across multiple market with the aid of an investment advisor, I have been able to generate over $900k in net profit across high dividend yield stocks, ETF and bonds in few months.

[@Tetsu-p3g]

@@Muller-o4d who is this person

[@Muller-o4d]

I've worked with a few different financial advisors, but I ultimately chose ''Jenienne Miniter Fagan'' because she seems to be very thorough and knowledgeable about the financial market

[@paxundpeace9970]

Scam

[@01LucilleAlvarez]

I'm curious about the greatest investment prospects right now. I read certain perspectives, but I soon learn that these opinions are meaningless because the stocks they mentioned took a completely different turn.

[@MercyDaugherty431]

proper research, good analysis and luck is what you need to make profit in this constant market decline.

[@ChanaMay]

Having a mentor is my personal recommendation. It seems like a good bet if you have limited market knowledge, but I'm not sure where you'll find an experienced one.

[@BruceSellers422]

Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again.

[@GunnarBlankenship]

My partner’s been considering going the same route, could you share more info please on the advisor that guides you?

[@BruceSellers422]

My CFA ’Landra Lilly Macy’ , 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.

[@Prestoux]

Prices wont go down if corporations keep buying up all the homes.

[@dunggg]

no one is ever wrong if there is going to be a market crash. They are just wrong on the timing. Michael Burry and Steve Eisman was wrong about the 2008 housing bubble by 2.5 years. They called it in 2005, but nothing materialized until end of 2008, reaching the bottom in 2012.

[@markme4]

It is impossible to time, one year the crash predictors will be right !

[@hcel5075]

YTers have been predicting a housing market crash every year since 2017.. coming up on being a decade early.. some of us early retired while you're still watching doom n gloom videos 😂

[@dunggg]

@@hcel5075 I mean they weren’t wrong if the FED didn’t just turn in the money printer during COVID 🤣 if covid didn’t happen housing market would be in a different situation. I think people just got used to be being bailed out so they will continue to expect being bail out so they will continue “Mary the house and date the rate”

[@jessicabixler1658]

Except on 05 it started slowing

[@BPoweredLove]

@@hcel5075 "2017" 🤡 You absolutely just made that up. Completely false. 🤡

[@tradewisetv2801]

Young people just can’t get their heads around how slowly the housing market moves. It absolutely is in a correction, it just doesn’t happen overnight. Go ahead and buy something. Nobody cares what you do. I sold when the market said sell, and I’ll buy when the market says buy. It’s a pretty simple approach if you understand how markets work.

[@nitroneonicman]

Exactly. This generation does not understand that patience is a virtue for a reason

[@EJleon96]

I’m with you 100% I’ll never buy a house I can barely afford because everyone says now or never. Y’all can choose to live paycheck to paycheck and have to use a credit card for everything. Not me✋🏽

[@Billy221422]

Just young people? Maybe youtubers should stop giving advice to first time house buyers when they have no idea what's going on and have been wrong for the past 4 years, just a thought. They get views and we get F******

[@House_hacker_619]

So if someone took crash bro advice and had been renting since 2020 they just wasted 100-125k on rent depending on location. If you recall 2020-22 had average rates of 2-4%. In June 2022 prices were at top of the market but also rates were at 3%. It’s still 2-3k cheaper to buy back then compared to now. I don’t think we will see rates at 4% or below in our lifetime again.

[@BPoweredLove]

@@Billy221422 You can't blame YTers. DYOR is a saying WELL established when it comes to anything financial. Anything. Do. Your. Own. Research. And if you arrive at 2022 was a HORRIBLE time to buy, then don't. But you seem to think they were all wrong, so I hope you were buying market-priced houses a couple years ago, or you're just full of it.

[@threeone6012]

I'd rather react to a collapse years early than 15 minutes late.

[@hcel5075]

YTers have been predicting a housing market crash every year since 2017.. coming up on being a decade early.. some of us early retired while you're still watching doom n gloom videos 😂

[@alexleung842]

“Far more money has been lost by investors in preparing for corrections, or anticipating corrections, than has been lost in the corrections themselves.” - Peter Lynch

[@XennialGuy]

​@@alexleung842 Tell that to all the bankrupt companies and individuals from 15 years ago who lost everything to a "market correction."

[@seancuomo7762]

Doom and gloom would be unaffordable housing. . A housing crash or steep correction would be a positive thing it would be natural, not doom and gloom

[@nitroneonicman]

To the guy who posted a Peter Lynch quote. It's definitely a different equation when you know the government will bail you out for making bad investments

[@jamesdeininger3759]

Prices are crashing in St Pete right now. We’re already down about 15% from the peak and inventory is 250% what it was this time last year. There are holdouts, but the people who actually NEED to sell eventually will, and those sales will reset the comps.

[@RationalEgoism]

In some of the hottest markets, prices have declined in nominal terms. Even Nick at Reventure Consulting didn't predict that prices would fall everywhere. Nationally since Jun '22, prices have fallen about 6% after adjusting for inflation. That's not a crash, but it's not a boom either. There will be another recession and when it happens home prices will fall as people lose their jobs. Remember that in the GFC it took 6 years for prices to bottom out; home prices move slowly.

[@markme4]

I've been saying real estate does not crash , it's more of a slow grind to the bottom, people just think I'm an idiot, we can see the market is starting to shift towards the downside

[@hcel5075]

Nick has been the most wrong. He even deleted a bunch of his most aggregious videos to cover his tracks. Y'all are really more clueless than I thought..

[@markme4]

@@hcel5075 He said Nick was wrong, what is your point?

[@BPoweredLove]

@@markme4 Just trolls doing troll stuff.

[@jesse_-]

Nick has been wrong about everything. The you believe him your on a path to no where. What ever he says, believe the opposite. Just pretend Nick is the news, and you’ll be all set.

[@henkhenk1648]

The can kicking is long overdue to end

[@markme4]

Yes

[@JonSmith531]

From 2005 to 2008 was 3 years. I'm sure anyone who bought in 2005 and sold in 2010 wished they would have waited. Same thing applies today..

[@GungaLaGunga]

Yep. I bought in 2006. My life was destroyed by 2009. Had no choice. Lost everything. DO NOT DO THAT. If you buy at the top of the market, you will be destroyed. This economy is merciless, brutal, and cruel. Good luck everyone. See you on the streets soon.

[@MikeMachAttackJenkin]

now I know if Graham changes his clickbait titles to "the housing market is bullish", it means the housing market crash happened lol

[@tnaseb]

Assuming the crash had bottomed then it would be bullish

[@Ja56780]

The thing is investor interest is down big time. That should be a sign of things to come.

[@straightdrive6192]

thank you for being honest., I will continue to ignore this video like how I always used to. Housing is different, it will ONLY go up,. there are no foreclosures. Nothing . If there is limited supply and less forced sellers then there cannot be a crash.

[@idnotapplicable]

I've offered well below asking on three different houses over the last 8 months or so and haven't regretted not just going into a bidding war for a house. Seems like a lot of people are regretting it now for anyone that bought between 2021 and now. Homes are extremely overvalued and until buyers realize that, things aren't changing. Just my take.

[@uria702]

Nobody who bought in 2021 or 2022 regrets their purchase. They have built massive equity and have very low rate mortgages

[@idnotapplicable]

@@uria702 72% regret buying (2021-2022). This isn't difficult to look up.

[@TheVigils1]

What percentage below asking have you offered?

[@idnotapplicable]

@TheVigils1 I got my house at about 14% below the asking price back in July. The seller was very motivated and the appraisal dropped it some more as well. I was going to back out of the deal if the seller didn't match the appraisal

[@RedMighty68]

Comparing the 2008 market to the 2024 market is very much apples to oranges. There are many different factors now that weren't in play back then - large wall street investors and airbnb's snapping up properties for rentals as well as stimulus checks, student loan payoffs, making a large profit off selling one's home within the last few years, and low interest rates allowing for people to pay down credit cards and other debt or put into investments. This housing bubble is being kept afloat now by people draining those investments, taking out more lines of credit, charging up their credit cards again, and backing off on their spending instead of selling their homes while the large investors and airbnb's would rather hold onto empty properties instead of putting them on the market. So the real question is not when the crash is coming, but how long can the average American family keep this bubble going and what particular factor will cause the inevitable tipping point?

[@RuthieCarlton]

Most rich people stay rich by spending like the poor and investing without stopping then most poor people stay poor by spending like the rich yet not investing like the rich but impressing them

[@KaylaRussell77]

People prefer to spend money on liabilities, Rather than investing in assets and be very profitable

[@MarieRandy438]

You are so correct! Save, invest and spend for necessities and a few small luxuries relatives to one's total assets ratio.

[@BillySampson681]

*Thank you Angela Christine Derle for $60,000👍🏻. There are so many opportunities to make money here on KZbin but most people don’t know. Thank you for continuing updates I'm favoured, $60,000 every two weeks ! I can now give back to the locals in my community and also support God's work and the church. God bless America*

[@CarlosGarcia56590]

Sounds good😊How do you do that? I'm interested, how do I go about getting started?

[@BillySampson681]

Thanks to my co-worker (Alex) who suggested Ms Olivia Renae Marks

[@Shawnny02]

I bought my home in 2012 in Minnesota for 150k with a 3.2 interest rate $1k monthly mortgage and now valued at 360k. I’m planing to rent my home out easily get 2k plus a month renting out and reinvest into another home. Use the rent money to pay the rented home’s mortgage and the other half to help with the new mortgage.

[@philp3234]

This is so dumb. Do what's in your best interest. Screw all these videos telling you this or that. It's your money and your life. Will you make a mistake? Sure, but that comes with anything in life.

[@RouletteRog]

That which is unsustainable will eventually stop; but it will carry on for much longer than we anticipate.

[@markme4]

You are absolutely right, the only question is, how long can we sustain this charade ?

[@LaurnaWong]

Please do not bully on Clear Value Tax. He is not wrong from 2020-2023. The inventory is low as of now. Thank you for letting me know your motives for your channel. Acting jealous is not CUTE. Let’s look at YOU and YOUR Behavior!

[@MrISkater]

Yep

[@Superformance]

Clear Value Tax is a documented bully

[@joejesus9902]

Thank you for your candor. Clear value cracks me up since he tries to portray himself as the trustworthy finance guru

[@mle3857]

Whatever goes up must come down, can't keep going up forever.

[@TM-li7bl]

That’s absolutely true in investment!!

[@Saturnfan94]

it will come down, when we get a massive population crash in like 100 years or when coastal areas become flooded by rising sea levels.

[@friedrichhoffmann4248]

Like people doing bidding wars for stuff they can’t afford is normal. This was caused by fear of missing out or pure greed. Now its either you print US dollar to toilet paper or there will be massive economic slowdown

[@youngpark8899]

Houses are expensive but I feel like they are still less inflated compared to everything else. I don't get how people survive thru this disaster. Fed and the government ruined the US and the world.

[@VansusVie]

I’m in Ohio and the housing market here over the last 7-8 years is unlike anything I’ve ever seen. Homes that were bought for $130K in 2015 are now being sold for $590k. I’m talking about tiny, disgusting, poorly built 950 square foot shit boxes in quiet mediocre neighbourhoods. Then you’ve got Better, average sized homes in nicer neighbourhoods that were $300K+ 10 years ago selling for $750k+ now. Wild times.

[@SallyW414]

Home prices will come down eventually, but for now; get your money (as much as you can) out of the housing market and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes.If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.

[@JohnMatthew-hq3xs]

Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2019, and I return at least $121k ROI, and this does not include capital gain.

[@LagerthaJackson]

I'm pleased I found this conversation. If you're comfortable with it, could you share how I can get in touch with the advisor you rely on for your investments?

[@JohnMatthew-hq3xs]

Vivian Carol Gioia is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@LagerthaJackson]

I find this informative, curiously explored Vivian on the web, spotted her consulting page, and was able to schedule a call session with her, she shows quite a great deal of expertise from her resume.. very much appreciated

[@jackrubay]

Collapse happens when everyone starts saying, oops we were wrong. There wont be a collapse. So, it should be coming soon, now.

[@abecker930]

I agree after looking at prices across the states. It's coming but these people serve the rich. So look elsewhere for information.

[@390WagonMaster]

What you say is true, HOWEVER… We have never had a synthetic economy driven by the FED and GOV. Cheers.

[@young_rich]

That was a long stretched video for saying “I have been wrong the whole time. No housing crash”

[@avenger1212]

Don't forget the part about him telling us he doesn't have any qualifications for the calls he's making, that he's for entertainment only, and how the experts are the real experts and we shouldn't listen to him.

[@BPoweredLove]

You might want to re-watch the video if that is your takeaway.

[@ihatesjws669]

😂😅

[@CarloFromaggio]

So, you're saying uploads and channels with fewer views will have more factual information. I tend to agree, if a channel has to resort to the consistent use of hyperbolic language to attract viewership its probably not worth your time.

[@jesse_-]

Yes, because they are not telling people what they want to hear. Most people tend to listen to what they want, rather than listen to the truth. Sad but true, but it only hurts them, so I really don’t care. I only worry about #1 and I’m not selling myself short listening to fairy tales.

[@uria702]

This entire video doesn’t once mention how much money was printed - the main culprit for the runaway prices.

[@Doubleones-hz5zd]

if housing crashes… unemployment will be peaking at the same time which means poor people wont be able to buy anyways. thats what happened in 2008 as well…. people were so poor they couldn’t even afford the firesale. ive been stacking for years and now can buy in cash but am second guessing even staying in usa because capital gains tax

[@chrissscottt]

Good video. Thing is, you're a lot more honest and self reflective than a lot of financial pundits out there, that's why I'm still subscribed.

[@noahbonn4444]

Do people realize that this video is just an ad for those other platforms?

[@stefnirk]

If the economy is good (low unemployment), three things need to be true at the same time for a housing market to decline: 1. Housing/wages is above 4 2. Cash flow/wages is above 0.4 3. Real cost/wages is above 0.3-0.4 While the numbers aren't set in stone, all must be true simultaneously. In 2020-2022, all were false, so there was a boom, and in 2021-2022, 2 and 3 were false. And 2022- 3 is false, but things are changing since the actual cost will increase if appreciation stops. The housing market can only go if buyers still believe it will increase and are willing to bite the negative cash flow, hoping appreciation will cover the cost.

[@o-super2744]

The youtuber in this video: The 2020 bubble, the 21, the 22, the 23 ... I was like you and I was wrong. Today I will tell you no crash is to come but believe because every time I told you something, I was wrong.

[@endstay]

When trying to evaluate such predictions, always remember that most real estate participants are invested in higher prices, not lower prices. Banks, agents, investors always push a narrative that supports higher prices. And these people have a lot of money to persuade government to support higher prices. So the "crash" will never happen without all of those players and their captive government bureaucracy doing everything they can to prevent that from happening. The result will be a very slow but painful price decay, not a crash.

[@cameronharris2862]

People saying “but the market is going to crash” as if it’s 2008 will wait to buy until prices are up 20-30% more and then the houses will crash 15% because it’s not gonna be 2008 and they’ll probably wish they just bought now and refinanced when rates drop. That is the much much more likely scenario and I’ll play the probability game

[@fitforfreelance]

Good reminder on the functions of KZbin. I think the most important thing is remembering that data are not predictive and markets are multifaceted and unpredictable. There are lots of data suggesting overvaluation, so it's reasonable to suggest a pending correction.

[@pp-rz1mw]

People need to understand that the value went down due to supply. The price will never go back to 2019 even if there is a crash. HF are buying all the houses to rent them to you.

[@ericmorley346]

The most important thing everyone should think about right now is how to invest in different sources of income that are not dependent on the government. Especially given the current economic crisis around the world 🌍 . This is still a good time to invest in various stocks such as gold, silver and digital currencies, i would like to thank John Preston for my crypto education.

[@catherinelyng1353]

Please how do I go about it, am still a newbie on investment trading and how can I make profit?🙏

[@ericmorley346]

HE'S ON TE L E G R AM

[@ericmorley346]

@johnPtrader ⭐⭐⭐

[@catherinelyng1353]

Thanks for the information... I will contact him as soon as possible. I also want to gain good knowledge and stop losing.

[@virginiakershaw6119]

I agree that there are strategies that can be used to generate solid profits regardless of the state of the economy or market, but such implementations are usually carried out by investment experts or advisors with experience.

[@hycho8925]

People. Both stock and real estate market will eventually go up. There may be crashes but eventually they go up. So it's not wrong to keep your house and stock because eventually they will go back up. Of course, unless you need to cash them out for various reasons. Then the timing does matter.

[@edwardschneider6396]

Housing and stock market was ready to roll over in 2020. Covid 19 stopped the economic order of revaluating assets. Has only been delayed. Income cannot support the housing market. A 40% price drop in real estate would be a normal correction.

[@alphagenisis1]

You have to contend with why home values plummet or skyrocket. Every wave of financial change is different and if you do not understand or explain why a thing happened, you’re only looking at the thing through a keyhole.

[@ChristopherSloane]

Too many things are not making sense. People are complaining that they cannot afford rent let alone buying a home. The interest rates on mortages continue to rise. Houses are in some areas have increased three or four times their value in 2019/20. Globally we are in multiple conflicts or instabilities. Domestically we are moving toward political unrest toward the end of 2024. It alony seems the market will topple soon or correct itself in the next year.

[@UtahRealEstateMarket]

With low inventory it is going to be hard for the housing market to crash. It's purely a supply vs. demand issue. UNLESS there is a major recession or some type of black swan event then I don't see housing prices going down drastically. A minor 5-10% correction would be normal and good. That is NOT a crash. Too many people coming into the country. Rent will keep increasing and the gap between the have's and have nots will continue to grow. Just the facts as they are. Low inventory and high demand. Just wait until the interest rates come down, even a bit. Bidding wars will be coming again.

[@BangMaster96]

Even a broken clock is right twice a day. Will the Economy crash? We don't know. Will the Economy go down? For sure it will. The Economy is cyclic, as with most things in Life. There are Boom & Bust cycles in every Economy. I can also start claiming that the Economy is going to slow down, and eventually, i will be right. That's just how the Economy works. Trying to time the Market is a fool's gamble. You should be focusing on your Job or Business and making Money despite the Economic predictions. Unless you are a day trader who needs all Economic data every day in order to make gambles with your Money, you don't need all these Economic theories and predictions in order to make Money. Doing good in your Job or focusing on growing your Business will make you far more Money than trying to time and predict the Markets.

[@jquint57]

Housing market reflects the devaluation of USD, being inflated away. Only way to measure things more accurately is to measure housing prices in REAL terms, adjusted for inflation, using 2X the inflation the govt fraudulently reports.

[@markme4]

Absolutely

[@danblair1591]

2002-07 was a global housing boom versus 2020-24 has been global housing crash. Canada didn’t have a housing bubble in 2007-12. Much as Canada did face the Global Financial Crisis of 2008-09. Yet Canada never fsced a recession in 2000-02 woth the Dor Com Bubble or 2001-02 Post 9/11 recession. But hopefully 2025 there’s a better chance to buy and sell houses again. I’m eventually wanting to move where there’s better busing.

[@aaronpetry715]

If you bought a house in the last 4 years you will regret it next 15-20 years. But in 100 years you be be happy you bought a house for a $1m because it will be worth $5m 😜.

[@philliphorne8372]

Biden and Obama fucked us 😂 😂😂😂idk like policy’s have repercussions

[@youflatscreentube]

I have believed and still believe the housing market will come down. However, what I have also believed is that our currency lost 30% of its value in the last four year. So, if a house, an ounce of gold, an acre of land all cost the same as they did four years ago would actually be a “crash” in value of 30%.

[@DJCustomBaits]

clear value is a good dude. but yea click bait is a necessary evil. you are wasting your time on youtube without it. The saturated youtube market/ algorithm necessitates it.

[@DavidRyan-k7f]

I held out for 3 years but finally had to declare bankruptcy 3 months ago. There is a crash coming but it's been delayed by other means. Those means have ended so the pain will start.

[@brianjarrard869]

Homes are priced in dollars. The dollar is down 20%. That’s good for 20% increase in the price. It takes 20% more dollars to buy the same house. In relative terms, price went up but value remained stable…..

[@dc9291]

Sorry not seeing experiencing a crash. Just not seeing it. Hearing a lot about it but eh. Thank you for being honest. I have been waiting and waiting for prices to go done - ain't happening.

[@AshleySpeaks4U]

Only investors can afford investor prices. YES-if desperate, investors will sell to each OTHER to keep houses inflated. The higher they go, the steeper their fall. The minute crash appears, another wave of investors swoops in to pay the rediculous prices. Repeat. Prices stay high.

[@MegaDePorter]

Isn't a "collapse" of the Florida market the dream of buyers. Why do we look at market from sellers POV. Let's look from buyers POV.

[@jcmphreek]

Yes, because the 2008 housing bubble only started and collapsed in 2008. Imagine that guy making that video in 2007 saying “graham Stephen has been lying to everybody for years, now is the best time to buy in history” lol. Things take time, and with real wages, debt, inflation, rising variable interest loans, and so much more…I don’t see how a collapse isn’t in the cards over the next couple years

[@markhann1920]

I am not an economist, but I still do not see how a 40%+ increase in home prices is sustainable + the cost of gas and groceries. This common since view is the fuel for all videos predicting an economic crash on this channel and others. As to how or when it will occur is anyone's guess. You simply review the data and take an educated guess. I really enjoy your content and format, please keep posting. Stay stable out their folks, buy everything with cash and avoid any loans or debt unless it is an absolute necessity. When a crash does come, you'll feel some pain, but this will greatly soften the blow.

[@MHFIN]

Thank you mark!

[@1powerequalsgod]

There’s a point bringing up a housing market crash that didn’t happen but reality is there’s a brewing problem with a shrinking US population and a workforce retirement crisis. I don’t mention a housing market crash but more like more like a squatter recession or strike with empty nester homeowners aging in place to being stuck in place. Who are staying put decades after the children are over the age of 18. That’s a crime in my personal opinion why there no children under the age of 18 in many subdivision neighborhoods but plenty of 55 plus adults. All hanging on to these homes semi or fully retired but that will cause damaging problems to the housing market beyond 2027. I say it’s good that the seniors want to go broke with higher property taxes, higher home insurance premiums, higher hoa fees and utilities along with higher inflation on food, caregiving services, and medical to eventually bankrupt them.

[@sailorkaren]

They have to live somewhere. But hey, the rich and corporations deserve more tax cuts and who cares if incomes are way behind inflation and housing costs.

[@TanmoyMukherjee-x8g]

The Fed has a 5 percent wiggle room, and it probably won't let a crash like 2008 materialize again, maybe a modest 10-15 percent overall correction at most, but then again you can already negotiate that much this year. With a correction, your 300K house would probably be 150-300 cheaper in mortgage payments due to inevitable lower interest rates, which won't even afford half a decent car anymore. Real estate like a multifamily for 350K is just not possible anymore. Maybe, if people start aging and dying like in Italy.

[@Erik-rp1hi]

My area has gone to $1.6 million buys a fixer. Rancho Palos Verdes Ca. I'm going to let the younger families have the home. They're not worth it. I have to admit I'm impressed with how many people can still buy homes in this area.

[@pkradgreek]

some markets have dropped over 30% since peak and numbers are being driven by $750K+ sales. Looking and quoting at overall numbers is disingenuous by anyone who does it. The content producers I regularly follow make sure to make that clarification.

[@sergiov909]

Shots fired, I like both Chanels. But you are right negativeness sells

[@theparky]

I've seen Jerry Maguire enough times to know this doesn't end well.

[@TM-li7bl]

I see the crash coming soon bc I see houses for sell coming up more and siting for over 3 months or more to sell! I’m SoCal near water!!! This guy is wrong!!! I see what I see!

[@NghiaNguyen-qq7yx]

Clear Value Tax is HONEST about his videos... but at least he said he admits his wrongs when he is wrong.. but what clear value tax is saying is for all the "housing market crash" youtubers, should at least be honest to its viewers/subscribers because of the titles or directions they are trying to push... so far NO youtubers admit they are wrong... yet they keep on pushing that clear value tax is being rude because hes pointing at all the youtubers that are lying and leading people to the wrong direction... the reason why people subscribe to him is because HE IS HONEST ABOUT EVERYTHING regardless of good or bad....

[@SonnetGomes]

The crash may not happen, but prices will go down significantly if the interest rate stay high for another year or more. Inventory is too low. Given the credit crunch, a lot more foreclosures will happen in 2024-2025. My prediction, 2027-2028 will be the best time to purchase.

[@BPoweredLove]

The irony is that Brian (Clear Value Tax) is doing the same exact thing. Only recently, he's expressed how hurt he is by Graham's criticism of him sound years back.

[@House_hacker_619]

No he isn’t he’s been honest about housing market since day one. Your just pissed because nothing is going your way 😂

[@BPoweredLove]

@@House_hacker_619 Huh? Are you drunk or something?

[@AmelFLorida]

The most sane video on youtube regarding the crash videos

[@eyelovecolorado2195]

The amount of wealth created in the 10 years before the pandemic and the amount of money printed during and post pandemic are keeping the housing market afloat. Once the money printing stops the market will crash. It’s just a matter of when……

[@avenger1212]

The Fed tightened, so academically speaking the money printing already stopped, and M2 money supply has been declining (one of the only times in history this happened). However, the US treasury is issuing bonds like crack cocaine, which are going to be inflationary. They already threw the middle class under the bus years ago, but now they're backing up and rolling over them again and again. By the time this ends, that whole you'll own nothing threat will have come true, and people will look around and realize their own governments stabbed them in the back and stole everything they had at gunpoint, and handed it all to the richest people in the world.

[@pricepolice834]

People are the richest they have ever been so they can spend more money on things like houses. Prices will never crash

[@markme4]

Except when our entire economy crashes, then what ? It is a mathematical certainty, but when that happens no one will be buying houses anyway

[@avenger1212]

Who exactly are these "people" you talk about. I keep hearing how rich everyone is, but I know absolutely nobody claiming how much wealthier they are.

[@chadallen7280]

2008 Bubble started in 1999. To think this is sustainable with inflation, interest rates, and forclosures increase is wishful thinking at best.

[@maxcanthelpit]

Great stuff! Why I watch you. You strike a perfect balance between interesting idea and entertainment.

[@joshmonroe4520]

Demand has gone up because the population over the last 4 years has increased in the US at a rapid rate.

[@Shuguiis]

let me get this straight very low mortgage rates explain everything in 2022 and in 2024 they explain nothing,home prices will come down or wages will have to go up ,there’s no other way. If you buy a home today more power to you but know this your probably going to bail a speculator out

[@AB-fq4mr]

I bought a house and had to put down 170k just so I could have a 3,600 payment even though I have a six figure income. And I dont even live in a fancy place, Im two counties away from a major downtown in the south. KZbinrs need to talk about affordability and focus on the people who are supposed to be buying these homes. Its a ridiculous disconnect. Just because you were right on youtube doesnt mean you were right in society.

[@timl2665]

Knowing a crash was coming in 2021 doesn't mean you believed the crash would happen in 2021. Just knew this wasn't normal and its not sustainable and will crash.

[@lifestooshort6801]

I agree, but there's so much manipulation 🤔 High interest rates and inflation, something has to give 😕

[@sriniM281]

Still homes are going more than 750k in Portland Oregon …. Homes never go down until realtors show real prices ..

[@billjohn3287]

I honestly, like lots and lots of Americans, will not be able to buy until those prices at least " at least will come down to 70% " those investors are very bad people, besides most of Californian they sold their house running away from the corrupt liberal State of California and came to Phoenix area and "jacked up the prices paying CASH 70-80% above the value" that is very bad. beside the interest rate is very high 7% that is ridiculous, AND the inflation- No jobs- high gas prices- high food prices, in conclusion I honestly will not even think of buying or renting until thing gose back to before 2019.

[@juniorcabrera1789]

Timing is impossible... There is absolutely a bubble it only takes one event to turn this market.

[@brocksprogramming]

That makes a lot of sense. Thanks for clearing that up.❤🎉

[@shazoids]

I mean the fact valuers are devaluing houses might be a clue.

[@goldeneastgun]

How old are Bill and Mike?

[@magicmike1122]

fun fact, if graham continues posting these crash predictions, one day he'll be right

[@Billy221422]

Everyone has been saying prices are going to go down for the past couple years. Then it doesn't and you guys say its a correction or whatever. It could be 2027 and you would still come up with something else. You guys need to stop making these videos with young people waiting on the sidelines trying to buy a first time house.

[@chadsears3425]

How do you argue with supply and demand. The housing reset started months ago just watch what happens...

[@Surfer-727]

If you watched those Grayham videos he did not predict any crashes, he was just mocking a housing crash a little bit with a little click bait.

[@drewbsn]

Appreciate the honesty. Staying subscribed

[@davidmajer3652]

Clickbait is fine if you are making good predictions. If you are consistently wrong, you are not an analyst/forecaster but a clown.

[@Bless-m1z]

I get offers once a week by big institutions trying to buy my homes so they can rent them back to us.

[@ytSuns26]

I live in the North Georgia mountains . Jan 23 extremely few listing still selling overnight . Today listing abound and sellers aren’t getting ask. Figures lie , Ann’s stats are easily manipulated. I think you are wrong , the bottom is not close . In my opinion the real future value of real estate depends solely othe election outcome. If the Communists take power there will be no private property.

[@WaltANelsonPHD]

Let's see...Housing crash predicted for 2020. 2021, 2022. 2023 and now for 2024.

[@Tay234.]

Why would I click on a finance video for entertainment? I’m tryna get this money

[@michaeljulian4997]

Please stop with "At the end of the day"